Tex. Spec. Dist. Local Laws Code Section 3798.903
Written Agreement Regarding Special Appraisals


Before the district may issue bonds, the district and any person to whom the board intends that proceeds of the bonds be distributed, including the developer, another owner of land in the district, and any entity acting as a lender to the developer or other landowner for the purpose of a project relating to the district, must enter into a written agreement that:

(1)

waives for the term of the agreement the right to a special appraisal with respect to taxation by the district under Subchapters B, C, D, E, F, and H, Chapter 23 (Appraisal Methods and Procedures), Tax Code; and

(2)

remains in effect for 30 years and is binding on the parties, on entities related to or affiliated with the parties, and on their successors and assignees.
Added by Acts 2017, 85th Leg., R.S., Ch. 618 (H.B. 4268), Sec. 1, eff. September 1, 2017.

Source: Section 3798.903 — Written Agreement Regarding Special Appraisals, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3798.­htm#3798.­903 (accessed Jun. 5, 2024).

3798.001
Definitions
3798.002
Creation and Nature of District
3798.003
Purpose
3798.004
Findings of Benefit and Public Purpose
3798.005
District Territory
3798.006
Applicability of Municipal Management Districts Law
3798.007
Construction of Chapter
3798.008
Conflicts of Law
3798.009
Consent of Municipality Required
3798.010
Effect of Annexation
3798.051
Governing Body
3798.052
Appointment and Removal of Director Appointed by City
3798.053
Appointment by Commission
3798.054
Vacancy
3798.055
Director’s Oath or Affirmation
3798.056
Officers
3798.057
Compensation
3798.058
Liability Insurance
3798.059
No Executive Committee
3798.060
Board Meetings
3798.101
General Powers and Duties
3798.102
Improvement Projects and Services
3798.103
Location of Improvement Project
3798.104
Ownership of Improvement Projects
3798.105
Retail Water and Sewer Services Prohibited
3798.106
Adding or Removing Territory
3798.107
No Eminent Domain
3798.151
Division of District
3798.152
Law Applicable to New District
3798.153
Division Procedures
3798.154
Contract Authority of New Districts
3798.201
Disbursements and Transfers of Money
3798.202
Money Used for Improvements or Services
3798.203
Method of Notice for Hearing
3798.204
Assessments
3798.205
Notice of Assessments
3798.251
Bonds and Other Obligations
3798.301
Dissolution by City Ordinance
3798.302
Collection of Assessments and Other Revenue
3798.303
Assumption of Assets and Liabilities
3798.901
Applicability
3798.902
Conflict of Laws
3798.903
Written Agreement Regarding Special Appraisals
3798.904
Requirements for Advertising Bond Issue
3798.905
Requirements for Bond Issue
3798.906
Requirements for Collection of Revenue to Pay Bonds

Accessed:
Jun. 5, 2024

§ 3798.903’s source at texas​.gov