Sec. 451.204. CONTRACTS FOR REGIONAL ECONOMIC DEVELOPMENT FACILITIES. (a) An authority may:
(1) plan, acquire, establish, develop, construct, improve, maintain, operate, regulate, protect, and police the regional economic development facility portion of a station or terminal complex; or
(2) agree with any person for the execution, in whole or part, of the activities described by Subdivision (1).
(b) An agreement made under Subsection (a)(2) is not effective unless the governing body of the principal municipality in the authority approves the agreement.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 451 - Metropolitan Rapid Transit Authorities
Subchapter E. Regional Economic Development Facilities in Stations or Terminal Complexes
Section 451.202. Application of Subchapter Limited to Certain Authorities
Section 451.204. Contracts for Regional Economic Development Facilities
Section 451.206. Use of Revenue for Regional Economic Development Facilities