Tex. Spec. Dist. Local Laws Code 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.
Added by Acts 2009, 81st Leg., R.S., Ch. 1077 (H.B. 4752), Sec. 1, eff. September 1, 2009.

Source: Section 3886.104 — Project Development Agreement Required, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3886.­htm#3886.­104 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 3886.104’s source at texas​.gov