Texas Local Government Code 263.052 – Certain Land, Housing, or Facilities Acquired From United States
Current as of: 2024 | Check for updates
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(a) A county may:
(1) lease or rent any land, housing, or facility acquired under § 270.004;
(2) establish and revise the amount charged for the lease or rental;
(3) arrange or contract for the furnishing of services or facilities for, or in connection with, that land, housing, or facility or the occupants of that land, housing, or facility;
(4) sell or exchange all or part of that land or housing; and
(5) execute oil, gas, or mineral leases for all or part of that land.
(b) The commissioners court of the county shall determine the terms of an oil, gas, or mineral lease executed under this section and the consideration for the lease, which may include oil or gas payments, overriding royalties, and similar payments.
Terms Used In Texas Local Government Code 263.052
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(c) The commissioners court may execute conveyances of minerals or mineral rights and may contract for the exploration and development of minerals under all or part of the land.