(a) A land bank may enter into an interlocal contract under Section 791.011, Government Code, with:
(1) a municipality for a program created by the municipality under Chapter 373 or 374; or
(2) a non-qualifying municipality for the purpose of the land bank conducting land bank activities on behalf of and within the geographical boundaries of the non-qualifying municipality.
(b) Notwithstanding Section 379H.102(b)(2), a land bank may acquire real property within the geographical boundaries of a non-qualifying municipality with which it has entered into an agreement under Subsection (a).

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Terms Used In Texas Local Government Code 379H.104

  • Contract: A legal written agreement that becomes binding when signed.
  • Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.