Tex. Loc. Gov't Code § 307.023 · Subchapter B. MANAGEMENT AND DEVELOPMENT OF PARK LAND
LEASES AND OPERATING AGREEMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body of the municipality may enter into any contract in connection with the pier and its facilities on terms it considers to be in the best interest of the municipality, including:
(1) a lease under which all or part of the pier is leased to one or more other parties; and
(2) an operating contract under which all or part of the pier is to be operated by one or more other parties.
(b) A lease or operating contract must be authorized by ordinance or resolution adopted by the governing body and may cover any term of years not to exceed 40 years from the date of the lease or contract.
(c) All or part of the proceeds derived by the municipality from a lease or operating contract may be pledged to the payment of revenue bonds issued by the municipality under Subchapter C.
(d) A lease may authorize the lessee to acquire or construct improvements or facilities and may provide for the transfer of the improvements or facilities to the municipality at the termination of the lease.
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.307.htm
- Text hash
- sha256 02ffdba68258f8beffc3ab8159ac890609dcac49a606214d823bc73b303a2861
- 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.