Tex. Spec. Dists. Code § 3886.104

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 3886.104 - Project Development Agreement Required

Before the district may issue bonds, impose taxes, or borrow money, the district and the town must negotiate and execute a mutually approved and accepted interlocal project development agreement regarding the district's development plans and rules for:

(1) the development and operation of the district; and

(2) the financing of improvement projects.

Tex. Spec. Dist. Loc. Laws § 3886.104

Added by Acts 2009, 81st Leg., R.S., Ch. 1077, Sec. 1, eff. 9/1/2009.