Sec. 431.110. COMPETITIVE BIDDING EXCEPTION FOR CERTAIN IMPROVEMENTS. Any competitive bidding requirement or restriction on a local government that created a local government corporation does not apply to an expenditure by the local government corporation for:
(1) an improvement:
(A) that is constructed in a reinvestment zone; and
(B) the construction of which is managed by a private venture participant; or
(2) an improvement constructed by the corporation for which more than 50 percent of the construction is funded by a private entity.
Added by Acts 2007, 80th Leg., R.S., Ch. 1213 (H.B. 1886), Sec. 16, eff. September 1, 2007.
Structure Texas Statutes
Subtitle I - Transportation Corporations
Chapter 431 - Texas Transportation Corporation Act
Subchapter D. Local Government Corporations
Section 431.101. Creation of Local Government Corporation
Section 431.1015. Corporations of Certain Counties for Toll Projects
Section 431.102. Application of Chapter 394, Local Government Code
Section 431.103. Contracts With Political Subdivisions
Section 431.104. Assumption of Powers and Duties
Section 431.105. Contractual Authority
Section 431.106. Public Safety Rules
Section 431.107. Income of Local Government Corporation
Section 431.108. Governmental Functions
Section 431.109. Contracts for Historically Underutilized Businesses
Section 431.110. Competitive Bidding Exception for Certain Improvements