{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3901.155","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3901.155","heading":"AGREEMENT WITH RAPID TRANSIT AUTHORITY.","body":"(a) In this section, \"authority\" means a rapid transit authority created under Chapter 451, Transportation Code.\n(b) The district and an authority may agree to jointly construct, own, operate, and maintain a transit facility or a parking facility under the terms the authority and district desire.\n(c) The agreement may provide that the district and the authority exchange or trade land provided that each party to the agreement receives fair market value. The authority is not required to offer any property that it proposes to trade to the district for sale to the public or for sale to any abutting property owner.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 861 (H.B. 3842), Sec. 1, eff. June 17, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3901. BRIDGELAND MANAGEMENT DISTRICT","SUBCHAPTER C-1. PUBLIC TRANSIT SYSTEM AND PARKING FACILITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3901.htm#3901.155","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"b77c07ed6875d0c9810baf17f6a89069077478cadc2658780cfafd84e04b07b2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3901.154","next":"us-tx/tex.-special-district-local-laws-code-3901.156"},"notice":"GroundRules: Original legal text. Not legal advice."}