Texas Transportation Code 451.204 – Contracts for Regional Economic Development Facilities
Current as of: 2024 | Check for updates
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(a) An authority may:
(1) plan, acquire, establish, develop, construct, improve, maintain, operate, regulate, protect, and police the regional economic development facility portion of a station or terminal complex; or
(2) agree with any person for the execution, in whole or part, of the activities described by Subdivision (1).
(b) An agreement made under Subsection (a)(2) is not effective unless the governing body of the principal municipality in the authority approves the agreement.
Terms Used In Texas Transportation Code 451.204
- 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