Special District Local Laws Code § 3501.005

Sec. 3501.005. APPLICATION OF OTHER LAW. (a) In this section, "qualifying project" means any real estate project involving the construction of: (1) a tenant finish-out or build-to-suit facility for a tenant who, through the execution of a lease with the authority, pays for or reimburses the authority for the cost of the improvements; (2) infrastructure improvements including roads, driveways, or utility extensions made in connection with the sale or lease of property owned by the authority and for which the proceeds of the sale or the lease are used to reimburse the authority for the infrastructure improvements; or (3) an income-producing facility that generates revenue for the authority and is constructed by: (A) a private developer with special expertise in development; or (B) an entity whose purpose is to support the research and development of national security-related technology or critical infrastructure technology or services in collaboration with Texas Tech University. (b) Chapters 2267 and 2269, Government Code, do not apply to a qualifying project of the authority. Added by Acts 2021, 87th Leg., R.S., Ch. 288 (H.B. 4579), Sec. 4, eff. September 1, 2021. Amended by: Acts 2025, 89th Leg., R.S., Ch. 228 (H.B. 5092), Sec. 4, eff. September 1, 2025. SUBCHAPTER B. BOARD OF DIRECTORS