Sec. 1477.001. AUTHORITY TO ACQUIRE PROPERTY FOR LEASE TO PUBLIC OR PRIVATE ENTITY. (a) The commissioners court of a county may acquire real property and may construct or acquire a building or other facility for the purpose of leasing the real property, building, or other facility to:
(1) a political subdivision or state agency for public use; or
(2) an individual, private corporation, or other private entity for use in manufacturing or another commercial activity.
(b) The commissioners court may not acquire real property under Subsection (a) by eminent domain.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1477 - Obligations for Other County Purposes
Subchapter A. Bonds for Facilities to Be Leased to Public or Private Entities
Section 1477.001. Authority to Acquire Property for Lease to Public or Private Entity
Section 1477.002. Authority to Issue Bonds
Section 1477.003. Bond Payments From Revenue or Taxes
Section 1477.004. Election Required to Secure Bonds With Taxes
Section 1477.005. Contents of Ordinance, Order, or Resolution Authorizing Bonds
Section 1477.006. Adoption and Execution of Documents
Section 1477.008. Imposition of Tax
Section 1477.009. Grants for Prisons or Law Enforcement Facilities Not Prohibited