Sec. 3501.1022. SERVICES. The authority may charge a fee for a service including:
(1) professional consultation services provided in relation to international trade, planning, land use, or construction;
(2) real estate development services, including services provided by a person licensed under Chapter 1101, Occupations Code, acting as a broker;
(3) support or participation in the acquisition of venture capital to finance the authority's redevelopment project, both inside and outside the authority;
(4) participation in or assistance on a joint venture composed of both public and private entities;
(5) promotion of an activity that creates employment opportunities; and
(6) any other service provided in relation to a project undertaken by the authority, alone or with others, to fulfill an authority purpose or objective.
Added by Acts 2021, 87th Leg., R.S., Ch. 288 (H.B. 4579), Sec. 7, eff. September 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle B - Defense Base Development
Chapter 3501 - Lubbock Reese Redevelopment Authority
Subchapter C. Powers and Duties
Section 3501.101. Authority of Board
Section 3501.102. General Powers and Duties
Section 3501.1021. Inland Port and Trade Powers
Section 3501.1023. Transportation Project
Section 3501.1024. Redevelopment Projects
Section 3501.104. Security for Costs or Bond Not Required