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A BILL TO BE ENTITLED
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AN ACT
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relating to the transfer of certain real property in the city of |
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Laredo from The University of Texas System to The Texas A&M |
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University System and to the uses of that property. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The following real property in the city of Laredo |
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is transferred from The University of Texas System to The Texas A&M |
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University System: |
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(1) Blocks 22 and 30, Laredo Airport Subdivision, Webb |
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County, Texas; and |
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(2) Lot 3, Block 23, Laredo Airport Subdivision, Webb |
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County, Texas. |
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SECTION 2. Subchapter F, Chapter 87, Education Code, is |
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amended by adding Section 87.506 to read as follows: |
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Sec. 87.506. LEASE OF CERTAIN PROPERTY TO THE UNIVERSITY OF |
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TEXAS SYSTEM. (a) This section applies to the property located in |
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the city of Laredo that was transferred to The Texas A&M University |
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System from The University of Texas System by an act of the 86th |
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Legislature, Regular Session, 2019. |
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(b) Subject to the provisions of this section, the board of |
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regents of The Texas A&M University System may use the property for |
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any purposes related to Texas A&M International University or may |
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lease any portion of the property that is not needed for those |
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purposes. |
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(c) On request of The University of Texas System, the board |
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of regents of The Texas A&M University System shall lease at least a |
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portion of the property to The University of Texas System for use by |
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that system for the campus extension of The University of Texas |
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Health Science Center at San Antonio in the city of Laredo |
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authorized by Subchapter M, Chapter 74. The portion of the property |
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leased under this section may not be less than the portion of the |
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property in active use for that campus extension in the 2018-2019 |
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academic year unless The University of Texas System consents to |
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lease a smaller portion. The lease payments charged may not exceed |
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the total amount of direct and indirect costs incurred by The Texas |
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A&M University System to maintain the portion of the property being |
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leased. |
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(d) The requirement to lease at least a portion of the |
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property under Subsection (c) expires if The University of Texas |
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System ceases to use the property for purposes of the campus |
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extension for one or more academic years or notifies The Texas A&M |
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University System that it no longer elects to lease the property for |
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that purpose. |
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SECTION 3. This Act takes effect January 1, 2020. |