Texas Natural Resources Code 33.651 – Definitions
Terms Used In Texas Natural Resources Code 33.651
- Contract: A legal written agreement that becomes binding when signed.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- 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
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Property: means real and personal property. See Texas Government Code 311.005
In this subchapter:
(1) “Bond” means any type of interest-bearing obligation, including a bond, note, bond anticipation note, certificate of participation, lease, contract, or other evidence of indebtedness issued by a coastal county to pay the project costs of a qualified project.
(2) “Coastal county” means a county that borders on the Gulf of Mexico.
(3) “Coastal erosion” has the meaning assigned by Section 33.601.
(4) “Coastal improvement project” means a project to improve access to a public beach by:
(A) acquiring fee title to property or a right of public access to a public beach;
(B) constructing or maintaining public roads, parking, or other facilities in aid of public access to or use of a public beach;
(C) requiring a landowner, as prescribed by land office rules, to restore land affected by coastal erosion to its original boundaries; or
(D) implementing a building set-back line established under Section 33.607.
(5) “Coastal protection project” means a project to address or mitigate coastal erosion.
(6) “Coastal protection and improvement fund” means the coastal protection and improvement fund created under Section 33.653.
(7) “County coastal protection and improvement fund” means a county coastal protection and improvement fund created by a coastal county under Section 33.655.
(8) “Project cost” means a cost or expense incurred in relation to a qualified project, including the cost of:
(A) designing, engineering, acquiring, constructing, maintaining, improving, extending, repairing, replacing, monitoring, removing, or administering a qualified project; or
(B) financing a qualified project, including the cost of issuing bonds and the payment of principal, interest, and redemption price.
(9) “Public beach” has the meaning assigned by Section 61.013.
(10) “Qualified agreement” means an agreement between the land office and a coastal county in accordance with Section 33.657.
(11) “Qualified payment” means a payment by the commissioner to a coastal county from the coastal protection and improvement fund, as provided by this subchapter, that has been approved in amount and qualification for payment by the land office and the applicable coastal county.
(12) “Qualified project” means a coastal protection or improvement project that qualifies for funding under Section 33.656.