(a) A development plan adopted by Board order shall
be:
(1) final and binding on the State, its lessees, successors
in interest and assigns, and affected local governments or political
subdivisions, unless subsequently revised by the Board or as specifically
provided in Texas Government Code, §2267.0067(c).
(2) filed in the deed records of the county in which
the property is located.
(b) If the state entity does not receive a bid or auction
solicitation for the property subject to the development plan, the
state entity, at the direction of its executive director, may petition
the Board to revise the development plan to conserve and enhance the
value and marketability of the property.
(c) No local government, political subdivision, owner,
builder, developer or any other person may revise or modify a development
plan adopted by Board order, without specific approval by the Board,
except as specifically provided in Texas Government Code, §2267.0067(c).
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