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Terms Used In Texas Government Code 1504.252

  • 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

A municipality may acquire sites for and establish, acquire, lease as lessee or lessor, construct, improve, enlarge, equip, repair, operate, or maintain:
(1) a cultural facility, such as an opera house, ballet or symphony hall, theater, or similar building;
(2) a building combining cultural facilities listed in Subdivision (1); or
(3) a parking facility at or in the immediate vicinity of a cultural facility listed in Subdivision (1) for use in connection with that facility and otherwise for off-street parking or storage of motor vehicles or other conveyances.