Texas Transportation Code

§ 451.204 — CONTRACTS FOR REGIONAL ECONOMIC DEVELOPMENT FACILITIES

TN § 451.204Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 451. METROPOLITAN RAPID TRANSIT AUTHORITIES · Art. E. REGIONAL ECONOMIC DEVELOPMENT FACILITIES IN STATIONS OR TERMINAL COMPLEXES

Statute text

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(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.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.