A coastal county has broad powers to develop, finance, and manage qualified projects, issue bonds for project costs, and make related agreements and acquisitions.
Sec. 33.659. GENERAL POWERS OF COASTAL COUNTIES. (a) In addition to all other powers that a coastal county has under general law, a coastal county has the rights, powers, privileges, authority, and functions that are necessary or convenient to: (1) the designing, engineering, acquiring, constructing, improving, maintaining, extending, repairing, replacing, monitoring, removing, administering, and financing of a qualified project located in a coastal county; (2) the funding of a reserve or other fund relating to bonds; and (3) the establishment and implementation of a building set-back line under Section 33.607. (b) A coastal county may issue bonds to pay the project costs of a qualified project. For purposes of this subchapter, a coastal county is an issuer and a qualified project is an eligible project within the meaning of Chapter 1371, Government Code, and the provisions of Chapter 1371, Government Code, are applicable to bonds issued by a coastal county. (c) A coastal county may: (1) enter into agreements with a public or private person for the joint ownership, financing, or operation of a qualified project; (2) enter into contracts, leases, and agreements with, and accept grants and loans from, any person to perform all acts necessary for the full exercise of the powers vested in the county on terms and for the term the county determines to be advisable; (3) acquire property under a conditional sales contract, lease, equipment trust certificate, or other form of contract or trust agreement; and (4) do anything necessary, convenient, or desirable to carry out the powers expressly granted or implied by this subchapter. Added by Acts 2005, 79th Leg., Ch. 867 (S.B. 1044), Sec. 4, eff. June 17, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1256 (H.B. 2819), Sec. 9, eff. September 1, 2007.