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State Law
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Texas Special District Local Laws Code - Chapter 3501 Lubbock Reese Redevelopment AuthorityLegal Research Home > Texas Lawyer > Special District Local Laws Code > Texas Special District Local Laws Code - Chapter 3501 Lubbock Reese Redevelopment Authority In this chapter: (1) "Authority" means the Lubbock Reese Redevelopment Authority. (2) "Base property" means land described by Section 3501.002(a), including any property used in ... (a) The authority's territory is that described by Section 13.10, Chapter 62, Acts of the 76th Legislature, Regular Session, 1999, enacting former Section 396.009, Local ... (a) The purpose of the authority is to undertake projects necessary or incidental to the industrial, commercial, or business development, redevelopment, maintenance, and expansion of ... The property, revenue, and income of the authority are exempt from a tax imposed by the state or a political subdivision of the state. Acts ... (a) The board is composed of: (1) five directors appointed by the governing body of the City of Lubbock from a list of persons recommended ... (a) A director serves a term of four years. A director appointed to fill a vacancy for an unexpired term shall serve for the remainder ... (a) The board shall elect from its membership a president and a vice president. (b) The vice president shall preside in the absence of the ... The board may employ and compensate persons to carry out the powers and duties of the authority. Acts 2003, 78th Leg., ch. 1277, § 1, ... The board shall adopt rules for its proceedings. Acts 2003, 78th Leg., ch. 1277, § 1, eff. April 1, 2005. ... The board shall manage, control, and operate the authority. Acts 2003, 78th Leg., ch. 1277, § 1, eff. April 1, 2005. ... (a) The authority may accept title, on approval by and in coordination with the governor, from the United States to all or any portion of ... (a) As may be necessary and appropriate to accomplish the purposes for which the authority was established, the authority may exercise those powers granted to ... In a suit, the authority may not be required to give security for costs or a supersedeas or cost bond in an appeal from a ... The board may appoint advisory boards to assist the board in administering this chapter. Added by Acts 2005, 79th Leg., ch. 423, § 2, eff. ... The authority may issue for any authority purpose bonds or other obligations payable from any source of authority revenue. The authority may issue a bond ... The legislature intends that the authority be dissolved after conveyance and sale of all of the base property. Acts 2003, 78th Leg., ch. 1277, § ... (a) The authority shall be dissolved on approval of the City of Lubbock and Lubbock County: (1) when all the functions of the authority are ... Last modified: August 10, 2007 |