(a) The district may:(1) make, purchase, construct, lease, or otherwise acquire, inside or outside the district's boundaries, property, works, facilities, or improvements, whether previously existing or to be made, constructed, or acquired, that are necessary to carry out the powers granted by this chapter or general law; or(2) enter into a contract with a person on terms the board considers desirable, fair, and advantageous for:(A) the purchase or sale of water;(B) the transportation, treatment, and disposal of the domestic, industrial, or communal wastes of the district or others, including the purposes provided by Chapter 30, Water Code;(C) the continuing and orderly development of land and property in the district through the purchase, construction, or installation of facilities, works, or improvements that the district is otherwise authorized to do or perform so that, to the greatest extent reasonably possible, considering sound engineering and economic practices, all of the land and property may ultimately receive the services of the facilities, works, or improvements; and(D) the performance of any of the powers granted by this chapter or

economic practices, all of the land and property may ultimately receive the services of the facilities, works, or improvements; and(D) the performance of any of the powers granted by this chapter or the general law.(b) A contract under Subsection (a)(2) may not have a duration of more than 40 years. Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.