Section 386.102 - Duty to Evaluate Available Financing Options The board shall evaluate all options available to the development zone as alternatives to imposing a tax under Section 386.035, including:
(1) regional grants from federal and state agencies;(2) local money from a creating body;(3) money from charities;(4) sales taxes for economic development in the development zone;(5) use or impact fees on affected business entities;(6) incentives for business entities that may benefit from the development zone;(7) money provided by local governmental entities; and(8) in-kind contributions.Tex. Loc. Gov't. Code § 386.102
Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. 6/16/2001.