|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to the conveyance of property by a municipality for the |
|
public purpose of economic development. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Chapter 253, Local Government Code, is amended |
|
by adding Section 253.0125 to read as follows: |
|
Sec. 253.0125. CONVEYANCE TO CERTAIN ENTITIES FOR ECONOMIC |
|
DEVELOPMENT PURPOSES. (a) This section applies only to an entity |
|
and a municipality that have entered into an economic development |
|
agreement authorized by Chapter 380. |
|
(b) Notwithstanding Section 253.008 or 272.001(a) or other |
|
law and except as provided by Subsection (d), a municipality may |
|
transfer to an entity real property or an interest in real property |
|
for consideration described by this section. |
|
(c) Consideration for a transfer authorized by this section |
|
is in the form of an agreement between the parties that requires the |
|
entity to use the property in a manner that primarily promotes a |
|
public purpose of the municipality relating to economic |
|
development. The agreement must include provisions under which the |
|
municipality is granted sufficient control to ensure that the |
|
public purpose is accomplished and the municipality receives the |
|
return benefit. |
|
(d) A municipality may not transfer for consideration |
|
authorized by this section real property or an interest in real |
|
property the municipality owns, holds, or claims as a public square |
|
or park. |
|
(e) Before a municipality may transfer real property or an |
|
interest in real property under an agreement as provided by this |
|
section, the municipality must provide notice to the public |
|
published in a newspaper of general circulation in the county in |
|
which the property is located or, if there is no such newspaper, by |
|
any means for the municipality to provide public notice authorized |
|
by statute or by ordinance of the municipality. The notice must: |
|
(1) include a description of the property, including |
|
its location; |
|
(2) be provided within 10 days before the date the |
|
property or an interest in the property is transferred; and |
|
(3) be published for two separate days within the |
|
period prescribed by Subdivision (2), if the notice is published in |
|
a newspaper. |
|
(f) A municipality may not transfer real property for |
|
consideration described by this section if the property was |
|
acquired by the municipality from the previous owner by the |
|
exercise of eminent domain authority or the threat of the exercise |
|
of eminent domain authority. |
|
(g) This section does not constitute a grant or expansion of |
|
eminent domain authority. |
|
SECTION 2. This Act takes effect immediately if it receives |
|
a vote of two-thirds of all the members elected to each house, as |
|
provided by Section 39, Article III, Texas Constitution. If this |
|
Act does not receive the vote necessary for immediate effect, this |
|
Act takes effect September 1, 2023. |