Sec. 202.027. REIMBURSEMENT TO COUNTY OR MUNICIPALITY. (a) If real property owned by the state and sold under this subchapter was acquired by a county or municipality and if a part of that acquisition cost was reimbursed to the county or municipality by the state, the department may pay the county or municipality a percentage of the proceeds of the sale that is equal to the percentage of the value or cost not reimbursed to the county or municipality at the time of the initial acquisition.
(b) Reimbursement under this section applies only to real property that the commission determines was never used for the purpose for which it was acquired.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle A - Texas Department of Transportation
Chapter 202 - Control of Transportation Assets
Subchapter B. Sale, Exchange, or Return of Highway Property
Section 202.021. Real Property No Longer Needed
Section 202.022. Notice of Sale
Section 202.023. Sale of Real Property by Bid
Section 202.024. Exchange of Real Property
Section 202.025. Execution of Deed: Method
Section 202.026. Reconveyance of Property Acquired for Freeway
Section 202.027. Reimbursement to County or Municipality
Section 202.028. Correction of Error or Ambiguity in Instrument
Section 202.029. Rights of Public Utility or Common Carrier