Sec. 3881.151.  PARKING FACILITIES AUTHORIZED; OPERATION BY PRIVATE ENTITY; TAX EXEMPTION.  (a)  The district may acquire, lease as lessor or lessee, construct, develop, own, operate, and maintain parking facilities or a system of parking facilities, including:
(1)  lots, garages, parking terminals, or other structures or accommodations for parking motor vehicles off the streets; and
(2)  equipment, entrances, exits, fencing, and other accessories necessary for safety and convenience in parking vehicles.
(b)  A parking facility of the district may be leased to or operated on behalf of the district by an entity other than the district.
(c)  The district's parking facilities are a program authorized by the legislature under Section 52-a, Article III, Texas Constitution.
(d)  The district's parking facilities serve the public purposes of the district and are owned, used, and held for a public purpose even if leased or operated by a private entity for a term of years.
Added by Acts 2009, 81st Leg., R.S., Ch. 247 (S.B. 2473), Sec. 1, eff. May 27, 2009.