Texas Natural Resources Code 33.660 – Authority to Contract
(a) A coastal county may contract with a state agency, municipality, county, or other political subdivision of the state or any agency or instrumentality of the federal government to implement a qualified project under this subchapter. A contract under this section may:
(1) be for a period on which the parties agree;
(2) include terms on which the parties agree; and
(3) be payable from taxes, qualified payments, or any other source of revenue available for that purpose.
(b) A coastal county may enter into a contract, lease, or agreement with or make or accept grants and loans to or from:
(1) the United States;
(2) the State of Texas;
(3) a county, municipality, or other political subdivision of the state;
(4) a public or private corporation; or
(5) any other person.
Terms Used In Texas Natural Resources Code 33.660
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005