Section 8504.204 - Establishment of Program Each economic development program must be established by formal action of the board. The board shall:
(1) establish the goals of the program;(2) impose requirements on persons participating in and receiving the benefits of the program; and(3) provide restrictions, procedures, and budget limits that the board determines are necessary to ensure that the governmental purposes of this subchapter and the program are achieved.Tex. Spec. Dist. Loc. Laws § 8504.204
Added by Acts 2013, 83rd Leg. - Regular Session, ch. 112,Sec. 1.04, eff. 4/1/2015.