(a) Under this chapter, an issuer may not acquire by eminent domain a hospital project, or any part of a hospital project, to be sold or leased under this chapter.
(b) Land previously acquired by eminent domain by an issuer may be sold or leased under this chapter if the governing body of the issuer determines that:
(1) the use of the land will not interfere with the purpose for which the land was originally acquired or that the land is no longer needed for that purpose;
(2) at least seven years have elapsed since the date the land was acquired by eminent domain; and
(3) the land was not acquired for park purposes or, if the land was acquired for park purposes, the sale or lease of parkland has been approved at an election held under § 1502.055, Government Code.

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Terms Used In Texas Health and Safety Code 223.016

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC