Section 1051.107 - District Property, Facilities, and Equipment(a) The board shall determine the type, number, and location of buildings required to maintain an adequate hospital system.(b) The board may lease all or part of the district's land, buildings, and facilities on terms considered to be in the best interest of the district's inhabitants. The term of the lease may not exceed 50 years.(b-1) A lease of the district's land to a private entity under Subsection (b) must include a provision that requires the lessee to indemnify the district for and exempt the district from any liability resulting from an act or omission of the lessee.(c) The district may acquire equipment for use in the district's hospital system and mortgage or pledge the property as security for the payment of the purchase price. A contract entered into under this subsection must provide that the entire obligation be retired not later than the fifth anniversary of the date of the contract.(d) The district may sell or otherwise dispose of any property, including equipment, on terms the board finds are in the best interest of the district's inhabitants.Tex. Spec. Dist. Loc. Laws § 1051.107
Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1106,Sec. 1, eff. 9/1/2019.Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.