1-1 By: Solis of Cameron (Senate Sponsor - Madla) H.B. No. 2388 1-2 (In the Senate - Received from the House May 13, 1999; 1-3 May 13, 1999, read first time and referred to Committee on 1-4 Intergovernmental Relations; May 14, 1999, reported favorably by 1-5 the following vote: Yeas 4, Nays 0; May 14, 1999, sent to 1-6 printer.) 1-7 A BILL TO BE ENTITLED 1-8 AN ACT 1-9 relating to the sale or lease by a county of real property in 1-10 connection with certain economic development programs. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. Section 381.004, Local Government Code, is 1-13 amended by amending Subsection (c) and adding Subsections (f) and 1-14 (g) to read as follows: 1-15 (c) The commissioners court may: 1-16 (1) contract with another entity for the 1-17 administration of the program; 1-18 (2) authorize the program to be administered on the 1-19 basis of county commissioner precincts; 1-20 (3) use county employees, real property, or funds for 1-21 the program; and 1-22 (4) accept contributions, gifts, or other resources to 1-23 develop and administer the program. 1-24 (f) The commissioners court may sell or lease real property 1-25 of the county for use in a program established under this section 1-26 if the county acquired the property on or before September 1, 1999. 1-27 In selling or leasing the property, the commissioners court may 1-28 negotiate directly with a business participating in the program. A 1-29 sale or lease of real property under this subsection is exempt from 1-30 the requirements of Sections 263.001, 263.007, and 272.001(a). 1-31 (g) The commissioners court may sell real property under 1-32 Subsection (f) for an amount less than the appraised fair market 1-33 value of the property only as part of a transaction that allows the 1-34 county to recover benefits of or the value of the benefits of the 1-35 property's use if the business that purchases the property fails to 1-36 comply with the standards of a program established under this 1-37 section. 1-38 SECTION 2. The change in law made by this Act applies only 1-39 to an agreement for the sale or lease of real property of a county 1-40 that is entered into on or after the effective date of this Act. 1-41 An agreement for the sale or lease of real property of a county 1-42 that is entered into before the effective date of this Act is 1-43 governed by the law in effect immediately before the effective 1-44 date, and that law is continued in effect for that purpose. 1-45 SECTION 3. The importance of this legislation and the 1-46 crowded condition of the calendars in both houses create an 1-47 emergency and an imperative public necessity that the 1-48 constitutional rule requiring bills to be read on three several 1-49 days in each house be suspended, and this rule is hereby suspended, 1-50 and that this Act take effect and be in force from and after its 1-51 passage, and it is so enacted. 1-52 * * * * *