Sec. 8150.109. PARKING FACILITIES. (a) The district may acquire, lease as lessor or lessee, construct, develop, own, operate, and maintain parking facilities or a system of parking facilities, including lots, garages, parking terminals, or other structures or accommodations for parking motor vehicles off the streets and related appurtenances.
(b) The district's parking facilities serve the public purposes of the district and are owned, used, and held for a public purpose even if leased or operated by a private entity for a term of years.
(c) The district's parking facilities are parts of and necessary components of a street and are considered to be a street or road improvement.
(d) The development and operation of the district's parking facilities may be considered an economic development program.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1265 (S.B. 1880), Sec. 6, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8150 - Imperial Redevelopment District
Subchapter C. General Powers and Duties
Section 8150.101. General Powers and Duties
Section 8150.102. Municipal Utility District Powers and Duties
Section 8150.1025. Municipal Management District Projects and Services
Section 8150.103. Tax Increment Reinvestment Zone
Section 8150.104. No Eminent Domain Power
Section 8150.105. Development Corporation Powers
Section 8150.106. Nonprofit Corporation
Section 8150.107. Membership in Charitable Organizations
Section 8150.108. Economic Development