Title SD, Special District Local Laws Code

Sec. 3501.005. APPLICATION OF OTHER LAW. (a) In this section, "qualifying project" means any real estate project involving the construction of: (1) a tenant finish-out or build-to-suit facility for a tenant who, through the execution of a lease with the authority, pays for or rei…

Sec. 3501.051. COMPOSITION OF BOARD. (a) The board is composed of: (1) six directors appointed in the manner provided by Subsection (b); and (2) the executive director of the South Plains Association of Governments. (b) Before the term of an appointed director expires, the board,…

Sec. 3501.052. TERM; VACANCIES. (a) A director serves a term of four years. (b) A vacancy on the board is filled in the same manner as the original appointment. (c) Except as provided by Subsection (d), a director may be appointed as the director's own successor for not more than…

Sec. 3501.053. OFFICERS. (a) The board shall elect from its membership a president and a vice president. (b) The vice president shall preside in the absence of the president. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Sec. 3501.054. EMPLOYEES. The board may employ and compensate persons to carry out the powers and duties of the authority. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Sec. 3501.055. RULES FOR PROCEEDINGS. The board shall adopt rules for its proceedings. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Sec. 3501.056. HEARINGS BY TELECOMMUNICATION DEVICE. (a) Notwithstanding Chapter 551, Government Code, or other law, if the president or vice president of the board, or chairperson or vice chairperson of a board committee, is physically present at a meeting of the board or commit…

Sec. 3501.101. AUTHORITY OF BOARD. The board shall manage, control, and operate the authority. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Sec. 3501.102. GENERAL POWERS AND DUTIES. (a) The authority may accept title, on approval by and in coordination with the governor, from the United States to all or any portion of the base property. (b) The authority may exercise any power necessary or convenient to accomplish a …

Sec. 3501.1021. INLAND PORT AND TRADE POWERS. (a) The authority may establish and operate an inland port and related port facilities to engage in world trade. (b) The authority may participate in national and international agreements advancing world trade at the port. Added by Ac…

Sec. 3501.1022. SERVICES. The authority may charge a fee for a service including: (1) professional consultation services provided in relation to international trade, planning, land use, or construction; (2) real estate development services, including services provided by a person…

Sec. 3501.1023. TRANSPORTATION PROJECT. (a) The authority may implement a transportation project: (1) on the base property; or (2) outside of the base property to provide access to the base property. (b) The authority may enter into an agreement with a person to plan, finance, co…

Sec. 3501.1024. REDEVELOPMENT PROJECTS. (a) The board may designate as a redevelopment project a project that relates to: (1) the development of base property and the surrounding areas; or (2) the development of property directly related to the purposes or goals of the authority.…

Sec. 3501.103. UTILITIES. (a) As may be necessary and appropriate to accomplish the purposes for which the authority was established, the authority may exercise those powers granted to general law districts by Chapter 49, Water Code, and granted to municipal utility districts by …

Sec. 3501.104. SECURITY FOR COSTS OR BOND NOT REQUIRED. In a suit, the authority may not be required to give security for costs or a supersedeas or cost bond in an appeal from a judgment. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Sec. 3501.105. ADVISORY BOARDS. The board may appoint advisory boards to assist the board in administering this chapter. Added by Acts 2005, 79th Leg., Ch. 423 (S.B. 1751), Sec. 2, eff. June 17, 2005.

Sec. 3501.106. BONDS. (a) The authority may issue bonds if authorized by board resolution. (b) A bond issued under this chapter must: (1) be payable solely from authority revenue; (2) mature not later than 40 years after its date of issuance; and (3) state on its face that it is …

Sec. 3501.151. LEGISLATIVE INTENT. (a) The legislature intends that the authority transfer ownership of portions of the base property to Texas Tech University in a manner authorized by this chapter as necessary for the purposes of an agreement described by Section 3501.102(b)(28)…

Sec. 3501.152. DISSOLUTION. The authority may be dissolved only: (1) when the board determines that all the functions of the authority are performed and completed; (2) after all debts or obligations have been satisfied or retired with the assets of the authority; and (3) after an…