Texas Government Code 2165.2035 – Lease of Space in State-Owned Parking Lots and Garages; Private Commercial Use
Current as of: 2024 | Check for updates
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(a) In this section, “lease” includes a management agreement.
(b) The commission shall develop private, commercial uses for state-owned parking lots and garages located in the city of Austin at locations the commission determines are appropriate for commercial uses outside of regular business hours.
Terms Used In Texas Government Code 2165.2035
- Contract: A legal written agreement that becomes binding when signed.
- 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
- Property: means real and personal property. See Texas Government Code 311.005
(c) The commission may contract with a private vendor to manage the commercial use of state-owned parking lots and garages.
(d) Money received from a lease under this program shall be deposited to the credit of the general revenue fund.
(d-1) From the money received under Subsection (d), an amount equal to the costs associated with the lease of state parking lots and garages, including costs of trash collection and disposal, grounds and other property maintenance, and the remedying of any damage to state property, may be appropriated only to the commission to pay those costs.