Texas Government Code 1509.007 – Adoption and Execution of Documents
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Terms Used In Texas Government Code 1509.007
- 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
The governing body of a municipality may adopt and have executed any proceeding or instrument necessary and convenient in:
(1) the issuance of bonds under this subchapter; or
(2) the acquisition and sale or lease of any land, building, or other facility under § 1509.001 or 1509.002.
