Sec. 1505.069.  SALE OR LEASE OF RECLAIMED OR RECONSTRUCTED LAND.  A municipality that reclaims or reconstructs submerged land under this subchapter may:
(1)  sell, lease, or grant a franchise for the use of the land;  and
(2)  use revenue from the sale, lease, or franchise as provided by this subchapter.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.