Tex. Transportation Code § 451.204
CONTRACTS FOR REGIONAL ECONOMIC DEVELOPMENT FACILITIES
Texas · Texas Transportation Code · Status: effective
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- Citation
- Tex. Transportation Code § 451.204, CONTRACTS FOR REGIONAL ECONOMIC DEVELOPMENT FACILITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/570697
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ys:prov:570697@1- SHA-256
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Full text
(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.