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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 10. GENERAL GOVERNMENT |
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Subtitle D. STATE PURCHASING AND GENERAL SERVICES |
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Chapter 2166. BUILDING CONSTRUCTION AND ACQUISITION |
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Subchapter B. GENERAL POWERS AND DUTIES OF COMMISSION |
Sec. 2166.052. ACQUISITION AND DISPOSITION OF PROPERTY
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(a) The commission, as provided by law and by legislative appropriation, may:
(1) acquire necessary real and personal property and modernize, remodel, build, or equip buildings for state purposes; and
(2) contract as necessary to accomplish these purposes.
(b) The commission may not sell or otherwise dispose of real property of the state except by specific authority:
(1) granted by the legislature if the legislature is in session; or
(2) granted jointly by the governor and the Legislative Budget Board if the legislature is not in session.
(c) The commission may enter into a contract with the City of Austin to govern the transfer, sale, or exchange of real property and interests in real property, including the vacation of street rights-of-way, easements, and other interests, as necessary or advantageous to both parties. The agreement may provide for the transfer, sale, or exchange by one party in favor of the other for a reasonable value established by the parties and may provide for a transfer, sale, or exchange to be credited against future property or interests to be transferred, sold, or exchanged between the parties. Section 272.001, Local Government Code, does not apply to a transaction governed by this section.