Direct Acquisition By Owner

Tex. Local Government Code § 399.012, under Chapter 399.

Tex. Local Government Code § 399.012

Sec. 399.012. DIRECT ACQUISITION BY OWNER. The proposed arrangements for financing a qualified project may authorize the property owner to: (1) purchase directly the related equipment and materials for the installation or modification of a qualified improvement; and (2) contract directly, including through lease, power purchase agreement, or other service contract, for the installation or modification of a qualified improvement. Added by Acts 2013, 83rd Leg., R.S., Ch. 416 (S.B. 385), Sec. 1, eff. June 14, 2013.