Sec. 3882.151. PARKING FACILITIES AUTHORIZED; OPERATION BY PRIVATE ENTITY; TAX EXEMPTION. (a) The district may acquire, lease as lessor or lessee, construct, develop, own, operate, and maintain parking facilities or a system of parking facilities, including:
(1) lots, garages, parking terminals, or other structures or accommodations for parking motor vehicles off the streets; and
(2) equipment, entrances, exits, fencing, and other accessories necessary for safety and convenience in parking vehicles.
(b) A parking facility of the district may be leased to or operated on behalf of the district by an entity other than the district.
(c) The district's parking facilities are a program authorized by the legislature under Section 52-a, Article III, Texas Constitution.
(d) The district's parking facilities serve the public purposes of the district and are owned, used, and held for a public purpose even if leased or operated by a private entity for a term of years.
Added by Acts 2009, 81st Leg., R.S., Ch. 246 (S.B. 2472), Sec. 1, eff. May 27, 2009.
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