1-1 AN ACT 1-2 relating to the sale or lease by a county of real property in 1-3 connection with certain economic development programs. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 381.004, Local Government Code, is 1-6 amended by amending Subsection (c) and adding Subsections (f) and 1-7 (g) to read as follows: 1-8 (c) The commissioners court may: 1-9 (1) contract with another entity for the 1-10 administration of the program; 1-11 (2) authorize the program to be administered on the 1-12 basis of county commissioner precincts; 1-13 (3) use county employees, real property, or funds for 1-14 the program; and 1-15 (4) accept contributions, gifts, or other resources to 1-16 develop and administer the program. 1-17 (f) The commissioners court may sell or lease real property 1-18 of the county for use in a program established under this section 1-19 if the county acquired the property on or before September 1, 1999. 1-20 In selling or leasing the property, the commissioners court may 1-21 negotiate directly with a business participating in the program. A 1-22 sale or lease of real property under this subsection is exempt from 1-23 the requirements of Sections 263.001, 263.007, and 272.001(a). 1-24 (g) The commissioners court may sell real property under 2-1 Subsection (f) for an amount less than the appraised fair market 2-2 value of the property only as part of a transaction that allows the 2-3 county to recover benefits of or the value of the benefits of the 2-4 property's use if the business that purchases the property fails to 2-5 comply with the standards of a program established under this 2-6 section. 2-7 SECTION 2. The change in law made by this Act applies only 2-8 to an agreement for the sale or lease of real property of a county 2-9 that is entered into on or after the effective date of this Act. 2-10 An agreement for the sale or lease of real property of a county 2-11 that is entered into before the effective date of this Act is 2-12 governed by the law in effect immediately before the effective 2-13 date, and that law is continued in effect for that purpose. 2-14 SECTION 3. The importance of this legislation and the 2-15 crowded condition of the calendars in both houses create an 2-16 emergency and an imperative public necessity that the 2-17 constitutional rule requiring bills to be read on three several 2-18 days in each house be suspended, and this rule is hereby suspended, 2-19 and that this Act take effect and be in force from and after its 2-20 passage, and it is so enacted. _______________________________ _______________________________ President of the Senate Speaker of the House I certify that H.B. No. 2388 was passed by the House on May 12, 1999, by a non-record vote. _______________________________ Chief Clerk of the House I certify that H.B. No. 2388 was passed by the Senate on May 26, 1999, by the following vote: Yeas 30, Nays 0. _______________________________ Secretary of the Senate APPROVED: _____________________ Date _____________________ Governor