(a) In addition to a power expressly granted by this chapter, a rural transit district has any power necessary to carry out a purpose of the district.
(b) A rural transit district may contract with the United States, a state or state agency, another rural transit district, an urban transit district, a metropolitan or regional transit authority, a county, a municipality, a metropolitan municipal corporation, a special district, a governmental agency in or outside this state, or any private person, firm, or corporation:
(1) to receive a gift or grant or secure a loan or advance for a preliminary planning and feasibility study; or
(2) for the design, construction, or operation of a transportation facility, including an intermodal transportation facility.

Terms Used In Texas Transportation Code 458.010

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005