Tex. Transp. Code Section 452.155
Transfer of Real Property in Station or Terminal Complex

(a)

An authority may transfer to any person by any means, including a sale or lease, an interest in real property in a station or terminal complex and may contract with respect to it, in accordance with the comprehensive service plan approved by the executive committee, and subject to terms:

(1)

the executive committee finds to be in the public interest or necessary to carry out this section; and

(2)

specified in the instrument transferring the title or right of use.

(b)

A transfer must be at the fair value of the interest transferred considering the use designated for the real property in the authority’s comprehensive service plan.

(c)

A person from whom property offered for sale under this section was acquired by eminent domain or the threat of eminent domain has a first right to purchase the property at the price for which the property is offered to the public.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 452.155 — Transfer of Real Property in Station or Terminal Complex, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­452.­htm#452.­155 (accessed Jun. 5, 2024).

452.001
Definitions 452.002
Determination of Population 452.003
Municipalities May Provide Transportation Services 452.004
Executive Committee of Authority Consisting of One Subregion 452.051
Powers Applicable to Confirmed Authority 452.052
Nature of Authority 452.053
Responsibility for Control of Authority 452.054
General Powers of Authority 452.055
Contracts 452.056
Operation of Public Transportation System 452.057
Acquisition of Property by Agreement 452.058
Use and Acquisition of Property of Others 452.059
Eminent Domain Proceedings 452.060
Agreement with Utilities, Carriers 452.061
Fares and Other Charges 452.062
Insurance 452.063
Tax Exemption 452.064
Light Rail System: Regulatory Exemption 452.065
Electric Power for Rail System: Certain Authorities 452.066
Elections 452.101
Executive Committee: Powers 452.102
Investments 452.103
Depository 452.104
Chief Executive: Duties 452.105
Rules 452.106
Procurement Rules 452.107
Purchases: Competitive Bidding 452.108
Duration of Contracts and Delegation of Powers 452.109
Explanation of Contract Awards in Certain Authorities 452.110
Peace Officers 452.111
Extraordinary Vote Required in Certain Authorities 452.112
Advisory Committees in Certain Authorities 452.113
Budget Recommendations 452.114
Budget in Authority Created by Contiguous Municipality 452.115
Public Hearing on Fare and Service Changes in Certain Authorities 452.116
Public Hearing on Fare and Service Changes in Certain Authorities: Exceptions 452.117
Public Hearing on Experimental Service Change 452.118
Notice of Hearing on Fare or Service Change in Certain Authorities 452.151
Station or Terminal Complex: System Plan 452.152
Station or Terminal Complex: Facilities 452.153
Approval of Municipality 452.154
Station or Terminal Complex: Limitation on Real Property Acquisition by Condemnation 452.155
Transfer of Real Property in Station or Terminal Complex 452.201
Minority and Women-owned Business Program in Certain Authorities 452.202
Transportation for Jobs Program Participants 452.203
Waiver of Federal Requirements 452.301
Implementation of Service Plan: Certain Authorities 452.302
Change in Service Plan: General Rule 452.303
Major Service Plan Change: Notice and Hearing 452.304
Adoption of Major Service Plan Change 452.305
Service Plan Change: Authority Created by Contiguous Municipality 452.351
Definition 452.352
Power to Issue Bonds 452.353
Bond Terms 452.354
Sale 452.355
Approval 452.356
Incontestability 452.357
Security Pledged 452.358
Use of Revenue 452.359
Refunding Bonds 452.360
Bonds as Authorized Investments 452.361
Exchange of Bonds for Existing System 452.362
Election to Pledge Taxes 452.363
Alternate Election Procedures for Certain Authorities 452.364
Tax Exemption 452.401
Sales and Use Tax 452.402
Rate Increase: Sales and Use Tax 452.403
Maximum Tax Rate in Authority Area 452.404
Initial Sales Tax: Effective Date 452.405
Rate Decrease: Sales and Use Tax 452.406
Different Subregional Sales and Use Tax Rates 452.407
Property Taxes 452.451
Financial Audits 452.452
Review of Audit: Certain Authorities 452.454
Performance Audits: Certain Authorities 452.455
Computation of Performance Indicators 452.456
Performance Audit Response 452.457
Delivery of Report and Response 452.501
Applicability of Subchapter 452.502
Executive Committee of Regional Authority 452.503
Terms 452.504
Officers 452.505
Conflicts of Interest 452.506
Meetings 452.507
Quorum 452.521
Applicability of Subchapter 452.522
Executive Committee 452.523
Membership Terms 452.524
Officers 452.525
Removal of Members 452.526
Conflicts of Interest 452.527
Meetings 452.528
Quorum 452.541
Board Membership: Residency in Authority 452.542
Service on Board 452.543
Board Officers 452.544
Conflicts of Interest 452.545
Duties 452.546
Board Meetings 452.547
Compensation 452.0561
Liability of Transportation Entity Providing Public Transportation 452.561
Applicability of Subchapter 452.562
Board Membership 452.563
Quorum 452.571
Applicability of Subchapter 452.572
Board Membership 452.573
Allocation of Membership Among Municipalities 452.574
Board Membership: Eligibility 452.575
Appointments to Reflect Composition of Municipality 452.576
Maximum Municipal Membership Entitlement 452.577
Reapportionment 452.578
Terms of Board Members 452.579
Quorum 452.580
Change of Budgeting Policy 452.601
Addition of Territory by Municipal Annexation 452.602
Addition of Municipality by Election 452.603
Addition of County Area by Election 452.604
Procedure for Annexation of All or Part of Another Subregion 452.605
Joining Authority: Certain Authorities 452.606
Executive Committee Approval of Annexation: Effective Date 452.607
Added Territory: Effective Date of Taxes 452.0611
Enforcement of Fares and Other Charges 452.0612
Fare Enforcement Officers 452.0613
Enforcement of High Occupancy Vehicle Lane Usage 452.651
Withdrawal of Unit of Election 452.652
Petition for Withdrawal Election 452.653
Review of Petition 452.654
Invalid Petition 452.655
Election 452.656
Result of Withdrawal Election 452.657
Effect of Withdrawal 452.658
Collection of Sales and Use Tax After Withdrawal 452.659
Determination of Total Amount of Financial Obligations of Withdrawn Unit 452.660
Additional Computations for Certain Authorities 452.661
Certification of Net Financial Obligation of Unit 452.662
Dissolution of Authority Created by Contiguous Municipality 452.701
Creation of Regional or Subregional Authority Authorized 452.702
Joint or Merged Subregional Authorities 452.703
Initiating Order or Resolution: Contents 452.704
Boundaries of Authority 452.705
Notice of Hearing 452.706
Conduct of Hearing 452.707
Participation by Other Entities 452.708
Resolution or Order 452.709
Failure of Other Entities to Join 452.710
Interim Subregional Board 452.711
Interim Executive Committee 452.712
Approval of Service Plan and Tax Rate 452.713
Approval of Service Plan and Notice of Intent to Order Election 452.714
Creation of Units of Election 452.715
Confirmation Election 452.716
Conduct of Election: Separate Tabulations 452.717
Results of Election 452.718
Results of Election in Contiguous Municipalities 452.719
Cost of Election 452.720
Expiration of Unconfirmed Authority 452.1055
Prohibition of Consumption of Alcoholic Beverage 452.1095
Exemption from Other Contracting Law for Certain Authorities 452.6025
Addition of Certain Municipalities by Election
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 452.155’s source at texas​.gov