Tex. Transp. Code Section 22.088
Expenditure of Bond Revenue by Joint Board Without Competitive Bidding

(a)

A joint board may spend or agree to spend the proceeds of revenue bonds under its control to acquire and install furniture, fixtures, and equipment to be used at an airport operated by the joint board without inviting, advertising for, or otherwise requiring competitive bids or requiring or obtaining a payment or performance bond.

(b)

This section applies to furniture, fixtures, and equipment purchased by the joint board or a private entity that will lease the furniture, fixtures, and equipment in accordance with this section.

(c)

The furniture, fixtures, and equipment must be, before the delivery of the bonds, the subject of a lease from the joint board to a private entity under the terms of which the lessee is:

(1)

obligated to maintain the furniture, fixtures, and equipment solely at its expense; and

(2)

unconditionally obligated throughout the term of the bonds to make payments of net rent in amounts and at times sufficient to provide for the timely payment of all principal, interest, redemption premiums, and other costs and expenses arising or to arise in connection with the payment of the bonds.

(d)

This section does not apply to the expenditure of the proceeds of bonds:

(1)

unless the bonds provide by their own terms that:

(A)

they are payable solely from the net rents required by Subsection (c)(2); and

(B)

they are not payable in any circumstances from tax revenue; or

(2)

that provide for the creation of a contractual mortgage lien against real property owned by the public agencies creating the joint board.

(e)

A joint board may adopt rules it finds to be in the public interest to govern the method and installation of the properties to which this section relates.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 22.088 — Expenditure of Bond Revenue by Joint Board Without Competitive Bidding, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­22.­htm#22.­088 (accessed Apr. 29, 2024).

22.001
Definitions 22.002
Public Purpose 22.003
Interpretation and Construction 22.011
General Powers Regarding Airports and Air Navigation Facilities 22.012
Financing of Airport Facilities 22.013
Establishment of Airports on Public Waters 22.014
Rules and Jurisdiction 22.015
Enforcement of Rules 22.016
Relationship to Zoning 22.017
Delegation of Authority to Officer, Board, or Agency 22.018
Designation of Texas Department of Transportation as Agent in Contracting and Supervising 22.019
Contracts 22.020
Operation of Airport by Another 22.021
Use of Airport by Another 22.022
Duration of Certain Leases 22.023
Liens 22.024
Disposal of Airport Property by Local Government 22.025
Limitation on Design and Operation of Air Navigation Facilities 22.026
Noise Abatement 22.027
Municipal Permission for Ground Transportation 22.028
Confidentiality of Certain Information Collected by Local Government 22.051
Taxation 22.052
Bonds 22.053
Time Warrants 22.054
Application of Airport Revenue and Sale Proceeds 22.055
Federal and State Aid 22.071
Definitions 22.072
Joint-action Agreement 22.073
Additional Authorization 22.074
Joint Board 22.075
Acquisition of Property by Populous Home-rule Municipalities 22.076
Treatment of Hazardous Waste Prohibited 22.077
Certain Activities near Airport Boundaries Prohibited 22.078
Intergovernmental Agreement with Political Subdivision 22.079
Budget 22.080
Acquisition and Disposal of Property 22.081
Licensing of Vehicles for Hire and Passenger Transportation Services 22.082
Rules 22.083
Joint Fund 22.084
Airport Revenue and Revenue Bond Proceeds 22.085
Insurance 22.086
Acceptance of Credit Cards 22.087
Use of Terminal Facilities by Manufacturers and Concessionaires 22.088
Expenditure of Bond Revenue by Joint Board Without Competitive Bidding 22.089
Airport Revenue of Nonconstituent Municipalities 22.091
Confidentiality of Certain Information Collected by Joint Board 22.092
Airport Security Vehicles 22.151
Definitions 22.152
Nonprofit Airport Facility Financing Corporations 22.153
Approval of Articles of Incorporation 22.154
Incorporation 22.155
Bylaws 22.156
Applicable Laws 22.157
Bonds 22.158
Earnings 22.159
Alteration or Termination of Corporation 22.0191
Certain Airport Infrastructure or Equipment Contracts 22.0745
Nonconstituent Municipality Representation on Joint Board 22.0781
Revenue Sharing Agreement with Municipality 22.0815
Offense: Unauthorized Ground Transportation 22.901
Disposal of Abandoned Aircraft
Green check means up to date. Up to date

Accessed:
Apr. 29, 2024

§ 22.088’s source at texas​.gov