Tex. Spec. Dist. Local Laws Code Section 3876.106
Economic Development Programs


(a)

The district may establish and provide for the administration of one or more programs to promote state or local economic development and to stimulate business and commercial activity in the district, including programs to:

(1)

make loans and grants of public money; and

(2)

provide district personnel and services.

(b)

For purposes of this section, the district has all of the powers of a municipality under Chapter 380 (Miscellaneous Provisions Relating to Municipal Planning and Development), Local Government Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 1083 (H.B. 4775), Sec. 1, eff. June 19, 2009.

Source: Section 3876.106 — Economic Development Programs, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3876.­htm#3876.­106 (accessed Jun. 5, 2024).

3876.001
Definitions
3876.002
Nature of District
3876.003
Purpose
3876.004
Findings of Benefit and Public Purpose
3876.005
Initial District Territory
3876.006
Eligibility for Inclusion in Special Zones
3876.007
Applicability of Municipal Management Districts Law
3876.008
Liberal Construction of Chapter
3876.051
Governing Body
3876.052
Appointment of Directors
3876.054
Nonvoting Directors
3876.055
Quorum
3876.056
Compensation
3876.101
Development Corporation Powers
3876.102
Nonprofit Corporation
3876.103
Agreements
3876.104
Authority to Contract for Law Enforcement
3876.105
Membership in Charitable Organizations
3876.106
Economic Development Programs
3876.107
No Eminent Domain
3876.108
Annexation or Exclusion of Land
3876.151
Parking Facilities Authorized
3876.152
Rules
3876.153
Financing of Parking Facilities
3876.201
Disbursements and Transfers of Money
3876.202
Money Used for Improvements or Services
3876.203
Petition Required for Financing Services and Improvements with Assessments
3876.204
Method of Notice for Hearing
3876.205
Assessments
3876.206
Utility Property Exempt from Impact Fees and Assessments
3876.207
Residential Property
3876.208
Operation and Maintenance Tax
3876.209
Contract Taxes
3876.210
Authority to Borrow Money and to Issue Bonds
3876.211
Taxes for Bonds
3876.212
Elections Regarding Taxes and Bonds
3876.213
City Not Required to Pay District Obligations
3876.214
Competitive Bidding
3876.215
Tax and Assessment Abatements
3876.251
Authority to Establish Defined Areas or Designated Property
3876.252
Procedure for Election
3876.253
Declaring Result and Issuing Order
3876.254
Taxes for Improvements and Facilities in Defined Areas or Designated Property
3876.255
Issuance of Bonds and Imposition of Taxes for Defined Area or Designated Property

Accessed:
Jun. 5, 2024

§ 3876.106’s source at texas​.gov