Sec. 306.033. LAND ACQUIRED IN NAME OF BOARD; SALE OF LAND. Any interest in land acquired by lease or otherwise and used in connection with a park under this chapter may be acquired in the name of the board. The interest may be sold only if:
(1) the sale is made by the titleholder in compliance with the municipal charter or in compliance with Subchapter A, Chapter 263; and
(2) contractual arrangements are made for the retirement of any indebtedness associated with the interest and issued under this chapter.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 10 - Parks and Other Recreational and Cultural Resources
Subtitle A - Municipal Parks and Other Recreational and Cultural Resources
Chapter 306 - Park Board and Park Bonds: Municipalities With Population of More Than 40,000
Subchapter C. Powers and Duties
Section 306.031. Management of Parks and Facilities
Section 306.032. Additional Powers: Coastal Municipalities With Population of Less Than 80,000
Section 306.033. Land Acquired in Name of Board; Sale of Land