Tex. Loc. Gov't Code § 305.013
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The sale agreement shall be on the terms, including the price, on which the county and municipality agree. However, the price may not be less than the amount of the outstanding bonds of the county issued for the purpose of constructing and equipping the coliseum or stadium.
Tex. Loc. Gov't. Code § 305.013