Texas Local Government Code 393.006 – Payment of Expenses; Conveyance Powers
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(a) A public body may incur the entire expense of any public improvement made by the public body in exercising powers under this chapter.
(b) A public body may sell, convey, lease, or make an agreement under this chapter without appraisal, public notice, advertisement, or public bidding.
Terms Used In Texas Local Government Code 393.006
- Appraisal: A determination of property value.
- 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