Tex. Special District Local Laws Code § 1018.107
This is the official text of Tex. Special District Local Laws Code § 1018.107, part of Texas’s Special District Local Laws Code — consolidates the individual laws creating Texas's special-purpose local government districts.
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§ 1018.107. DISTRICT PROPERTY, FACILITIES, AND EQUIPMENT.
Official statutory text
(a) The board shall determine the type, number, and location of buildings required to maintain an adequate hospital system.
(b) The board may lease all or part of the district's facilities on terms considered to be in the best interest of the district's inhabitants.
(c) The board may:
(1) acquire by lease, purchase, lease to purchase, or option to purchase property, including facilities, supplies, or equipment, for the district; and
(2) mortgage or pledge the property or the revenue from the property as security for the payment of the purchase price.
(d) The district may sell, lease, or otherwise dispose of any of the district's property, including equipment, on terms the board finds are in the best interest of the district's inhabitants.
(b) The board may lease all or part of the district's facilities on terms considered to be in the best interest of the district's inhabitants.
(c) The board may:
(1) acquire by lease, purchase, lease to purchase, or option to purchase property, including facilities, supplies, or equipment, for the district; and
(2) mortgage or pledge the property or the revenue from the property as security for the payment of the purchase price.
(d) The district may sell, lease, or otherwise dispose of any of the district's property, including equipment, on terms the board finds are in the best interest of the district's inhabitants.
Status: in_force · Read it on the official government site
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