Tex. Spec. Dist. Local Laws Code Section 3862.004
Findings of Benefit and Public Purpose


(a)

The district is created to serve a public use and benefit.

(b)

All land and other property included in the district will benefit from the improvements and services to be provided by the district under powers conferred by Sections 52 and 52-a, Article III, and Section 59, Article XVI, Texas Constitution, and other powers granted under this chapter.

(c)

The creation of the district is in the public interest and is essential to further the public purposes of:

(1)

developing and diversifying the economy of the state;

(2)

eliminating unemployment and underemployment;

(3)

developing or expanding transportation and commerce; and

(4)

providing quality residential housing.

(d)

The district will:

(1)

promote the health, safety, and general welfare of residents, employers, potential employees, employees, visitors, and consumers in the district, and of the public;

(2)

provide needed funding for the district to preserve, maintain, and enhance the economic health and vitality of the district territory as a residential community and business center; and

(3)

promote the health, safety, welfare, and enjoyment of the public by providing pedestrian ways and by landscaping, removing graffiti, and developing certain areas in the district, which are necessary for the restoration, preservation, and enhancement of scenic beauty.

(e)

Pedestrian ways along or across a street, whether at grade or above or below the surface, and street lighting, street landscaping, vehicle parking, and street art objects are parts of and necessary components of a street and are considered to be an improvement project that includes a street or road improvement.

(f)

The district will not act as the agent or instrumentality of any private interest even though the district will benefit many private interests as well as the public.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1365 (S.B. 1601), Sec. 1, eff. June 14, 2013.

Source: Section 3862.004 — Findings of Benefit and Public Purpose, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3862.­htm#3862.­004 (accessed May 4, 2024).

3862.001
Definitions
3862.002
Creation and Nature of District
3862.003
Purpose
3862.004
Findings of Benefit and Public Purpose
3862.005
District Territory
3862.006
Eligibility for Inclusion in Special Zones
3862.007
Applicability of Municipal Management Districts Law
3862.008
Liberal Construction of Chapter
3862.051
Governing Body
3862.052
Qualifications of Directors Appointed by City
3862.053
Appointment of Directors
3862.054
Vacancy
3862.055
Director’s Oath or Affirmation
3862.056
Quorum
3862.057
Officers
3862.058
Compensation
3862.059
Liability Insurance
3862.060
No Executive Committee
3862.061
Board Meetings
3862.101
General Powers and Duties
3862.102
Improvement Projects and Services
3862.103
Development Corporation Powers
3862.104
Nonprofit Corporation
3862.105
Agreements
3862.106
Law Enforcement Services
3862.107
Membership in Charitable Organizations
3862.108
Economic Development
3862.109
Parking Facilities
3862.110
No Eminent Domain Power
3862.151
Disbursements and Transfers of Money
3862.152
Money Used for Improvements or Services
3862.153
Petition Required for Financing Services and Improvements with Assessments
3862.154
Method of Notice for Hearing
3862.155
Assessments
3862.156
Limitation on Amount of Certain Assessments
3862.157
Tax and Assessment Abatements
3862.201
Bonds and Other Obligations
3862.202
Bond Maturity
3862.203
Taxes for Bonds and Other Obligations
3862.204
Elections Regarding Taxes
3862.251
Dissolution by City Ordinance
3862.252
Collection of Assessments and Other Revenue
3862.253
Concurrence on Additional Powers
3862.254
Assumption of Assets and Liabilities

Accessed:
May 4, 2024

§ 3862.004’s source at texas​.gov