Sec. 5012.0106. LEASE OF AUTHORITY FACILITIES. A lease under Section 60.101, Water Code, may contain any provision the commission determines is advantageous to the authority, including a provision for:
(1) the sale of a leased property at the termination of the lease; and
(2) the management and operation of a leased property by the lessee.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.01, eff. April 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Navigation Districts and Port Authorities
Chapter 5012 - Sabine Pass Port Authority
Subchapter C. Powers and Duties
Section 5012.0101. General Powers
Section 5012.0102. Powers Regarding Ports, Waterways, and Facilities
Section 5012.0103. Bylaws and Rules
Section 5012.0104. Gift or Purchase of Property
Section 5012.0105. Eminent Domain
Section 5012.0106. Lease of Authority Facilities
Section 5012.0107. Sale of Surplus Property
Section 5012.0108. General Authority to Make Contracts and Execute Instruments
Section 5012.0109. Competitive Bidding for Certain Contracts