Local Government Code §272.005

(a) To promote a public purpose of the political subdivision, a political subdivision may: (1) lease property owned by the political subdivision to another political subdivision or an agency of the state or federal government; or (2) make an agreement to provide office space in property owned by the political subdivision to the other political subdivision or agency. (b) In acting under Subsection (a), the political subdivision: (1) shall determine the terms of the lease or agreement so as to promote and maintain the public purpose; (2) may provide for the lease of the property or provision of the office space at less than fair market value; and (3) is not required to comply with any competitive purchasing procedure or any notice and publication requirement imposed by this chapter or other law.