Lease; Fair Market Value

Tex. Government Code § 2165.203, under Chapter 2165. State Buildings, Grounds, and Property.

Tex. Government Code § 2165.203

Sec. 2165.203. LEASE; FAIR MARKET VALUE. In a state-owned building that is under the commission's control and that is used primarily for office space or vehicle parking for state government, the commission may lease at fair market value space to private tenants for commercial, cultural, educational, or recreational activities. Added by Acts 1995, 74th Leg., ch. 41, Sec. 1, eff. Sept. 1, 1995.