Sec. 399.012. DIRECT ACQUISITION BY OWNER. The proposed arrangements for financing a qualified project may authorize the property owner to:
(1) purchase directly the related equipment and materials for the installation or modification of a qualified improvement; and
(2) contract directly, including through lease, power purchase agreement, or other service contract, for the installation or modification of a qualified improvement.
Added by Acts 2013, 83rd Leg., R.S., Ch. 416 (S.B. 385), Sec. 1, eff. June 14, 2013.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government
Chapter 399 - Municipal and County Water and Energy Improvement Regions
Section 399.003. Exercise of Powers
Section 399.004. Authorized Assessments
Section 399.005. Written Contract for Assessment Required
Section 399.006. Establishment of Program
Section 399.007. Designation of Region
Section 399.008. Procedure for Establishment of Program
Section 399.009. Report Regarding Assessment
Section 399.010. Notice to Mortgage Holder Required for Participation
Section 399.011. Review Required
Section 399.012. Direct Acquisition by Owner
Section 399.013. Recording of Notice of Contractual Assessment Required
Section 399.015. Contract for Collection of Assessments; No Personal Liability
Section 399.016. Bonds or Notes
Section 399.017. Joint Implementation