Section 1053.152 - Resolution; Sale or Lease of Facility(a) Subject to Subsection (c) and the approval of the commissioners court, the board by resolution may order the sale or lease of a facility that is: (1) owned and operated by the district as a teaching hospital; and(2) located on the campus of Texas Tech University.(b) The resolution must include a finding by the board that the sale or lease:(1) is in the best interests of district residents; and(2) will not financially benefit a hospital official, other than from the continuation of a compensation package existing before the date of the sale or lease.(c) The board may sell or lease the facility only if:(1) no hospital official has made a disclosure under Sections 1053.156 and 1053.157 at any time before the date of the sale or lease; and(2) a majority of the votes cast at an election held under this subchapter approves the sale or lease.Tex. Spec. Dist. Loc. Laws § 1053.152
Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.