HOUSE BILL 2540 |
HOUSE AUTHOR: Menendez |
EFFECTIVE: 06-20-03 |
SENATE SPONSOR: Van de Putte |
House Bill 2540 amends the Local Government Code to allow a defense base development authority whose subject property is within the territorial limits of a municipality to exercise the power of eminent domain to acquire property in or adjacent to the base property. Such exercise must be in accordance with the Property Code chapter relating to eminent domain. Furthermore, the authority, before initiating an eminent domain proceeding, must adopt a master development and redevelopment plan for the property, must incorporate and approve the plan as part of the municipality's master plan, and must reach certain findings after conducting a public hearing.