12 | | - | Sec. 202.034. SALE OF CERTAIN STATE HIGHWAYS ABUTTING PORT |
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13 | | - | OF ENTRY AT INTERNATIONAL BRIDGE. (a) Notwithstanding any other |
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14 | | - | law, the department may enter into an agreement to sell a portion of |
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15 | | - | a state highway that abuts a privately owned port of entry at an |
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16 | | - | international bridge to the owner or operator of the port of entry. |
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| 15 | + | Sec. 202.034. SALE OF STATE HIGHWAY TO AIRPORT, INLAND |
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| 16 | + | PORT, OR SEAPORT. (a) Notwithstanding other law, the department |
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| 17 | + | may enter into an agreement to sell a portion of a state highway |
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| 18 | + | that abuts an airport, inland port, or seaport to the owner or |
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| 19 | + | operator of the airport, inland port, or seaport. |
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17 | 20 | | (b) An agreement to sell real property under this section |
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18 | 21 | | must provide for assumption of responsibility for maintenance of |
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19 | 22 | | the property by the entity that acquires the property. |
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20 | 23 | | (c) The commission: |
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21 | 24 | | (1) shall determine the fair value of the state's |
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22 | 25 | | interest in real property to be sold under this section; and |
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23 | 26 | | (2) may authorize the executive director to execute a |
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24 | 27 | | deed conveying the state's interest in the property. |
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25 | 28 | | (d) The department may not sell the state's interest in the |
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26 | 29 | | real property for an amount less than the amount determined under |
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27 | 30 | | Subsection (c)(1). |
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28 | 31 | | (e) Revenue from the sale of property under this section |
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29 | 32 | | shall be deposited to the credit of the state highway fund. |
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30 | 33 | | SECTION 2. This Act takes effect immediately if it receives |
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31 | 34 | | a vote of two-thirds of all the members elected to each house, as |
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32 | 35 | | provided by Section 39, Article III, Texas Constitution. If this |
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33 | 36 | | Act does not receive the vote necessary for immediate effect, this |
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34 | 37 | | Act takes effect September 1, 2021. |
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