Sec. 11006.157. SURPLUS PROPERTY. Subject to the terms of a resolution or deed of trust authorizing or securing bonds issued by the authority, the authority may sell, lease, rent, trade, or otherwise dispose of property that the board considers not needed for an authority purpose.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle X - Districts With Combined Powers
Chapter 11006 - South Texas Water Authority
Subchapter D. Powers and Duties
Section 11006.151. General Powers
Section 11006.154. Contracts to Supply Water
Section 11006.155. Sources for Water; Acquisition of Land; Storage Capacity
Section 11006.156. Conveyance of Land to Authority
Section 11006.157. Surplus Property
Section 11006.158. Eminent Domain
Section 11006.159. Cost of Relocating or Altering Property; Rights-of-Way and Easements