Section 1074.107 - District Property, Facilities, and Equipment(a) The board shall determine:(1) the type, number, and location of buildings required to maintain an adequate hospital system; and(2) the type of equipment necessary for hospital care.(b) The board may lease all or part of the district's buildings and other facilities on terms considered to be in the best interest of district residents. The term of the lease may not exceed 25 years.(c) The district may: (1) acquire property, including facilities and equipment, for use in the district's hospital system; and(2) mortgage or pledge the property as security for the payment of the purchase price.(d) The district may sell or otherwise dispose of any property, including equipment, on terms the board finds are in the best interest of district residents.Tex. Spec. Dist. Loc. Laws § 1074.107
Added by Acts 2011, 82nd Leg., R.S., Ch. 70, Sec. 1.01, eff. 4/1/2013.