Sec. 1053.152. RESOLUTION; SALE OR LEASE OF FACILITY. (a) Subject to Subsection (c) and the approval of the commissioners court, the board by resolution may order the sale or lease of a facility that is: (1) owned and operated by the district as a teaching hospital; and (2) located on the campus of Texas Tech University. (b) The resolution must include a finding by the board that the sale or lease: (1) is in the best interests of district residents; and (2) will not financially benefit a hospital official, other than from the continuation of a compensation package existing before the date of the sale or lease. (c) The board may sell or lease the facility only if: (1) no hospital official has made a disclosure under Sections 1053.156 and 1053.157 at any time before the date of the sale or lease; and (2) a majority of the votes cast at an election held under this subchapter approves the sale or lease.
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