- (a) In this section, "agreement" includes a contract, lease, conveyance, contract of sale, or lease-purchase contract.
(b) The governing body of a municipality may enter into an agreement with any person with respect to a facility, including an agreement in connection with or incidental to the acquisition, financing, construction, or operation of a facility, if the governing body:
- (1) considers the agreement necessary or convenient to implement this chapter; and
- (2) authorizes the agreement by ordinance or resolution.
- (c) The mayor or other presiding officer of the municipality must execute the agreement, and the municipal secretary or clerk must attest to the agreement.
- (d) An agreement entered into by a municipality under this chapter is binding on the municipality and its governing body.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 24, eff. Sept. 1, 1999.