Sec. 31.167.  BINDING EFFECT OF DEVELOPMENT PLAN.  (a)  Except as provided by this subsection, a development plan promulgated by the special board of review and any plan accepted by a local government shall be final and binding on the state, its lessees, successors in interest and assigns, and affected local governments or political subdivisions unless revised by the special board of review.  If the division does not receive a bid or auction solicitation for the real property subject to the development plan, the division, at the direction of the commissioner, may revise the development plan to conserve and enhance the value and marketability of the real property.
(b)  A local government, political subdivision, owner, builder, developer, or any other person may not modify the development plan without specific approval by the special board of review.
(c)  The special board of review must file a copy of the development plan in the deed records of the county in which the real property is located.  Revisions to the development plan are governed by local development policies and procedures if the revisions are requested after the later of:
(1)  the 10th anniversary of the date on which the development plan was promulgated by the special board of review; or
(2)  the date on which the state no longer holds a financial or property interest in the real property subject to the plan.
(d)  After issuance of an order establishing a development plan for real property that is not part of the permanent school fund or in which the permanent school fund does not have a financial interest, the composition of any future special board of review called to consider revision of that order must consist of:
(1)  the presiding officer of the governing board of the agency or institution possessing the real property or the presiding officer's designated representative;
(2)  two members who are employed by the agency or institution possessing the real property, appointed by the presiding officer of the governing board of the agency or institution or the presiding officer's designated representative;
(3)  the county judge of the county in which the real property is located; and
(4)  if the real property is located within the corporate boundaries or extraterritorial jurisdiction of a municipality, the mayor of the municipality.
(e)  The member described by Subsection (d)(1) serves as the presiding officer of the special board of review.
Added by Acts 1987, 70th Leg., ch. 208, Sec. 13, eff. Aug. 31, 1987.  Amended by Acts 1999, 76th Leg., ch. 903, Sec. 2, eff. June 18, 1999;  Acts 2003, 78th Leg., ch. 1091, Sec. 26, eff. June 20, 2003.
Amended by: 
Acts 2009, 81st Leg., R.S., Ch. 1182 (H.B. 3632), Sec. 3, eff. June 19, 2009.
Acts 2015, 84th Leg., R.S., Ch. 3 (S.B. 903), Sec. 2, eff. September 1, 2015.