Tex. Gov't Code Section 2310.410
Disposition of Public Property in Readjustment Zone


(a)

After an area is designated as a readjustment zone, the state, a municipality, or a county that owns a surplus building (including any structure) or vacant land in the zone may dispose of the building or land by:

(1)

selling the building or land at a public auction;

(2)

selling the building or land without notice or bidding as provided by Subsection (d); or

(3)

establishing an urban homestead program described by Subsection (e).

(b)

A municipality or county may sell a surplus building or vacant land in the readjustment zone at less than fair market value if the governing body of the municipality or county by ordinance or order, as appropriate, adopts criteria that specify the conditions and circumstances under which the sale may occur and the public purpose to be achieved by the sale. A copy of the ordinance or order must be filed with the bank not later than the day on which the sale occurs.

(c)

If the surplus building or vacant land is sold at a public auction, the building or land may be sold to a buyer who is not the highest bidder if the criteria and public purpose specified in the ordinance or order adopted under Subsection (b) are satisfied.

(d)

The surplus building or vacant land may be sold without complying with notice or bidding requirements (including election or voter approval requirements imposed by other law, if any) if the criteria and public purpose specified in the ordinance or order adopted under Subsection (b) are satisfied.

(e)

An urban homestead program must provide that:

(1)

the state, municipality, or county is to sell to an individual a residence or part of a residence that it owns for an amount not to exceed $100;

(2)

as a condition of the sale, the individual must agree by covenant in the deed conveying the residence to live in the residence for at least seven years and to renovate or remodel the residence to meet the level of maintenance stated in an agreement between the individual and the governmental entity; and

(3)

after the individual satisfies the seven-year residency and property improvement requirements of the agreement, the governmental entity shall assign the residence to the individual.
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997. Amended by Acts 1999, 76th Leg., ch. 1055, Sec. 1, eff. June 18, 1999; Acts 2001, 77th Leg., ch. 894, Sec. 1, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 814, Sec. 3.49, eff. Sept. 1, 2003.

Source: Section 2310.410 — Disposition of Public Property in Readjustment Zone, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­2310.­htm#2310.­410 (accessed Jun. 5, 2024).

2310.001
Definitions
2310.002
Jurisdiction of Municipality
2310.051
General Powers and Duties
2310.052
Evaluation
2310.053
Assistance
2310.054
Coordination with Other Governmental Entities
2310.101
Criteria for Readjustment Zone Designation
2310.102
Adversely Affected Defense-dependent Community
2310.103
Nomination of Readjustment Zone
2310.104
Nominating Ordinance or Order
2310.105
Application for Designation
2310.106
Review of Application
2310.107
Designation Agreement
2310.108
Denial of Application
2310.109
Period of Designation
2310.110
Amending Boundaries
2310.111
Removal of Designation
2310.201
Administration by Governing Body
2310.202
Administration by Administrative Authority
2310.203
Liaison
2310.204
Annual Report
2310.301
Definition
2310.302
Qualified Business
2310.303
Prohibition on Qualified Business Certification
2310.304
Request for Application for Defense Readjustment Project Designation
2310.305
Application for Defense Readjustment Project Designation
2310.306
Defense Readjustment Project Designation
2310.307
Allocation of Jobs Eligible for Tax Refund
2310.308
Duration of Certain Designations
2310.401
Exemptions from State Regulation
2310.402
Review of State Agency Rules
2310.403
State Preferences
2310.404
State Tax Refunds and Credits
2310.405
Local Sales and Use Tax Refunds
2310.406
Reduction or Elimination of Local Fees or Taxes
2310.407
Tax Increment Financing and Abatement
2310.408
Development Bonds
2310.409
Other Local Incentives
2310.410
Disposition of Public Property in Readjustment Zone
2310.411
Waiver of Performance Bond
2310.412
Liability of Contractor or Architect
2310.413
Monitoring Defense Readjustment Project Commitments

Accessed:
Jun. 5, 2024

§ 2310.410’s source at texas​.gov