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Terms Used In Texas Local Government Code 363.157

  • 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
  • Property: means real and personal property. See Texas Government Code 311.005

The board may lease or acquire in another manner facilities, equipment, or other property for the sole purpose of administering the district.