Tex. Loc. Gov't Code § 263.106 · Subchapter C. LEASE OR SALE OF REAL PROPERTY FOR PRIVATELY OWNED HOTEL
SALE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioners court of a county may sell land owned by the county and the air rights above the land to an individual or a private corporation or association if:
(1) all existing revenue bond obligations encumbering the land have been fully discharged as to bondholders;
(2) a hotel has been built on the land in conjunction with an existing convention center and the hotel has been operated continuously for at least five years from its inception;
(3) the parties to an existing lease of land mutually agree to the sale of the land and the air rights; and
(4) the county receives an amount for the land and air rights that is fair under the market conditions existing at the time of the sale.
(b) The commissioners court may impose deed restrictions or reverters to preserve the use of the land for a purpose consistent with the construction, expansion, ownership, and operation of a hotel and related facilities in conjunction with a convention center.
(c) A sale of land under this subchapter may include land appurtenant to the land on which the hotel or related facilities have been built.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.263.htm
- Text hash
- sha256 94e0eadf73d9663f0059632876e73754aa5a276fc874c4771e4fe0eaee4a0414
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.