Sec. 21.101. FINANCIAL ASSISTANCE FOR CONSTRUCTION AND REPAIR OF AVIATION FACILITIES. (a) The department may loan or grant money to a state agency with a governing board authorized to operate an airport or to a governmental entity in this state to establish, construct, reconstruct, enlarge, or repair an airport, airstrip, or air navigational facility if:
(1) the money has been appropriated to the department for that purpose; and
(2) providing the money will:
(A) best serve the public interest; and
(B) best discharge the governmental aeronautics function of the state or its political subdivisions.
(b) A loan or grant under this subchapter must be made under a contract.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Chapter 21 - Administration of Aeronautics
Subchapter C. Aviation Facilities Development and Financial Assistance
Section 21.101. Financial Assistance for Construction and Repair of Aviation Facilities
Section 21.102. Loan Preferred
Section 21.103. Commission Vote Required for Grant or Loan
Section 21.104. Revolving Loan Fund
Section 21.105. Requirements for Loan or Grant
Section 21.106. Priorities for Financial Assistance
Section 21.107. Aviation Facilities Development Program
Section 21.108. Aviation Facilities Capital Improvement Program
Section 21.109. Review and Revision of Aviation Facilities Capital Improvement Program
Section 21.110. Aviation Facilities Capital Improvement Program; Budget Preparation
Section 21.111. Public Hearing
Section 21.1115. Emergency Loan or Grant
Section 21.112. Expenditure of Air Facility Construction Money by State Governmental Entities
Section 21.113. Airport Hazard Zoning Ordinance Required
Section 21.114. Agent for Federal Funds
Section 21.115. Funding for Certain Commercial Service Airports