The Laws of Texas, 1937-1939 [Volume 31] Page: 209 of 1,313
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FORTY-FIFTH LEGISLATURE--SECOND CALLED SESSION 1931
to the exercise of the powers of the authority; and to make and
from time to time amend and repeal bylaws, rules, and regulations,
not inconsistent with this Act, to carry into effect the
powers and purposes of the authority.
"(b) Within its area of operation: to prepare, carry out, acquire,
lease, and operate housing projects; to provide for the
construction, reconstruction, improvement, alteration, or repair
of any housing project or any part thereof.
"(c) To arrange or contract for the furnishing by any person
or agency, public or private, of services, privileges, works, or
facilities for, or in connection with, a housing project or the occupants
thereof; and (notwithstanding anything to the contrary
contained in this Act or in any other provision of law) to include
in any contract let in connection with a project, stipulations
requiring that the contractor and any subcontractors comply with
the requirements as to minimum wages and maximum hours of
labor, and comply with any conditions which the Federal Government
may have attached to its financial aid of the project.
"(d) To lease or rent any dwellings, houses, accommodations,
lands, buildings, structures, or facilities embraced in any housing
project and (subject to the limitations contained in this Act)
to establish and revise the rents or charges therefor; to own,
hold, and improve real or personal property; to purchase, lease,
obtain options upon, acquire by gift, grant, bequest, devise, or
otherwise any real or personal property or any interest therein;
to acquire by the exercise of the power of eminent domain any
real property; to sell, lease, exchange, transfer, assign, pledge,
or dispose of any real or personal property or any interest therein
to insure or provide for the insurance of any real or personal
property or operations of the authority against any risks or
hazards; to procure insurance or guarantees from the Federal
Government of the payment of any debts or parts thereof
(whether or not incurred by said authority) secured by mortgages
on any property included in any of its housing projects.
"(e) To invest any funds held in reserves or sinking funds,
or any funds not required for immediate disbursement, in property
or securities in which savings banks may legally invest
funds subject to their control; to purchase its bonds at a price
not more than the principal amount thereof and accrued interest,
all bonds so purchased to be cancelled.
"(f) Within its area of operations: to investigate into living,
dwelling, and housing conditions and into the means and methods
of improving such conditions; to determine where slum areas
exist or where there is a shortage of decent, safe, and sanitary
dwelling accommodations for persons of low income; to make
studies and recommendations relating to the problem of clearing,
replanning, and reconstructing of slum areas, and the problem
of providing dwelling accommodations for persons of low income,
and to cooperate with the city, the county, the State or any
political subdivision thereof in action taken in connection with
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1937-1939 [Volume 31], book, 1939; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth18824/m1/209/: accessed April 24, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .