Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

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.