Sec. 379C.0107. REPLATTING BY QUALIFIED PARTICIPATING DEVELOPER. The land bank may sell two adjacent properties that are owned by the land bank to a qualified participating developer if:
(1) at least one of the properties is appropriate for residential development; and
(2) the developer agrees to replat the two adjacent properties as one property that is appropriate for residential development.
Added by Acts 2009, 81st Leg., R.S., Ch. 1297 (H.B. 2344), Sec. 6, eff. June 19, 2009.
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