Tex. Water Code Section 61.162
Lease and Rental of Facilities


A district may acquire and take over, by lease or rental agreements, for a period of not less than 25 years, the docks, wharves, buildings, railroads, land, improvements, and other facilities already provided, constructed, or owned by any incorporated municipality situated within the district only with the consent of the lawful authorities of the municipality and on terms mutually agreed on by the district and the municipality.

(1)

No agreement for the use, acquisition, or operation of the property or facilities of the municipality by the district shall be for a lease or rental value which is more than the annual net revenue derived or to be derived by the district after payment of the expenses of operation and maintenance of the property and facilities.

(2)

The district shall have no supervision or control over the property or facilities owned, controlled, or constructed by the municipality until agreement for the lease and rental of the property by the district has been made.

(3)

A district that is leasing land or facilities from a municipality may purchase or acquire the property in the manner provided in this subchapter.

(4)

The commission and the officials of the municipality shall be authorized to enter into an agreement stating the land and facilities to be acquired, the amount agreed on as the purchase price, and the terms of the sale.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.

Source: Section 61.162 — Lease and Rental of Facilities, https://statutes.­capitol.­texas.­gov/Docs/WA/htm/WA.­61.­htm#61.­162 (accessed Mar. 23, 2024).

61.001
Definitions
61.021
Creation
61.022
Area Included in District
61.023
District May Include Road District
61.024
Petition to Create Single-county District
61.025
Petition to Create District in Two Counties
61.026
Deposit
61.027
Hearing
61.028
Notice of Hearing
61.029
Hearing by Board
61.030
Conduct of Hearing
61.031
Findings
61.032
Providing Funds for Proposed Improvements
61.033
Election Order
61.034
Elections
61.035
Ballots
61.036
Declaration of Result
61.071
Appointment of Commissioners
61.072
Organization: Quorum
61.073
Qualifications
61.074
Term of Office, Removal, and Succession
61.075
Commissioner’s Oath
61.076
Commissioner’s Bond
61.077
Commissioners’ Compensation
61.078
District Treasurer
61.079
District Treasurer’s Bond
61.080
District Treasurer’s Compensation
61.081
Duties Imposed Without Compensation
61.082
Court Actions
61.111
Purposes of District
61.112
Employees and Counsel
61.113
Authority to Go on Land
61.114
Penalty for Prohibiting Entry to Land
61.115
Acquisition of Property
61.116
Lease of State Owned Lands and Flats
61.117
Limitations on Sales and Use of State Lands and Flats
61.118
Construction Contracts
61.119
Interest in Contract of Navigation District
61.120
Laws Governing Certain Functions of District
61.151
Authority to Operate and Develop Port Facilities
61.152
Petition
61.153
Hearing: Testimony
61.154
Election Order
61.155
Ballots
61.156
Election Expense
61.157
Declaration of Results
61.158
Appointment of Commissioners
61.159
Term of Office: Removal: Succession
61.160
Qualifications
61.161
Eminent Domain
61.162
Lease and Rental of Facilities
61.163
Unimproved Land
61.164
Franchises
61.165
Franchise Election
61.166
Ballots
61.167
Election Result
61.168
Petition Protesting Franchise
61.169
Contracts
61.170
Authority to Incur Debt
61.171
Bonds
61.172
Financing Purchases
61.173
Election on the Purchase of Facilities
61.174
Employees
61.175
Powers
61.176
City Police Powers
61.211
Maintenance Fund
61.212
District Depository
61.231
Issuance of Bonds
61.232
Limitation on Bond Issue
61.233
Requisites of Bonds
61.234
Sale of Bonds
61.235
Chairman’s Bond
61.236
Tax Levy
61.237
Assessment and Collection of Taxes
61.238
Additional Bond Issue
61.239
Sinking Fund Investments

Accessed:
Mar. 23, 2024

§ 61.162’s source at texas​.gov