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Local Government Code §272.005

Text in force on

In force on Oct 24, 2008 · this text took effect May 25, 2007 · same as today's text

LEASE OF PROPERTY TO GOVERNMENTAL ENTITY

(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.

History: Added by Acts 2007, 80th Leg., R.S., Ch. 245 (H.B. 2618 ), Sec. 1, eff. May 25, 2007.

Source: the Legislature's file server, seen Jul 28, 2018 to Nov 08, 2026.

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A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.