Tex. Spec. Dist. Local Laws Code Section 3889.006
Eligibility for Inclusion in Special Zones

(a)

All or any part of the area of the district is eligible to be included in:

(1)

a tax increment reinvestment zone created under Chapter 311 (Tax Increment Financing Act), Tax Code;

(2)

a tax abatement reinvestment zone created under Chapter 312 (Property Redevelopment and Tax Abatement Act), Tax Code;

(3)

an enterprise zone created under Chapter 2303 (Enterprise Zones), Government Code; or

(4)

an industrial district created under Chapter 42 (Extraterritorial Jurisdiction of Municipalities), Local Government Code.

(b)

If the city creates a tax increment reinvestment zone described by Subsection (a), the city and the board of directors of the zone, by contract with the district, may grant money deposited in the tax increment fund to the district to be used by the district for the purposes permitted for money granted to a corporation under Section 380.002 (Economic Development Grants by Certain Municipalities)(b), Local Government Code, including the right to pledge the money as security for any bonds issued by the district for an improvement project. A project may not receive public funds under Section 380.002 (Economic Development Grants by Certain Municipalities)(b), Local Government Code, unless the project has been approved by the governing body of the city.

(c)

A tax increment reinvestment zone created by the city in the district is not subject to the limitations provided by Section 311.006 (Restrictions on Composition of Reinvestment Zone)(b), Tax Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1192 (H.B. 3828), Sec. 1, eff. June 17, 2011.

Source: Section 3889.006 — Eligibility for Inclusion in Special Zones, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3889.­htm#3889.­006 (accessed Jun. 5, 2024).

3889.001
Definitions 3889.002
Creation and Nature of District 3889.003
Purpose 3889.004
Findings of Benefit and Public Purpose 3889.005
District Territory 3889.006
Eligibility for Inclusion in Special Zones 3889.007
Applicability of Municipal Management Districts Law 3889.008
Liberal Construction of Chapter 3889.051
Governing Body 3889.052
Qualifications of Directors Appointed by City 3889.053
Appointment of Directors 3889.054
Vacancy 3889.055
Director’s Oath or Affirmation 3889.056
Quorum 3889.057
Officers 3889.058
Compensation 3889.059
Liability Insurance 3889.060
No Executive Committee 3889.061
Board Meetings 3889.101
General Powers and Duties 3889.102
Improvement Projects and Services 3889.103
Development Corporation Powers 3889.104
Nonprofit Corporation 3889.105
Agreements 3889.106
Law Enforcement Services 3889.107
Membership in Charitable Organizations 3889.108
Economic Development 3889.109
Parking Facilities 3889.110
No Eminent Domain Power 3889.151
Disbursements and Transfers of Money 3889.152
Money Used for Improvements or Services 3889.153
Petition Required for Financing Services and Improvements with Assessments 3889.154
Method of Notice for Hearing 3889.155
Assessments 3889.156
Limitation on Amount of Certain Assessments 3889.157
Tax and Assessment Abatements 3889.201
Bonds and Other Obligations 3889.202
Bond Maturity 3889.203
Taxes for Bonds and Other Obligations 3889.204
Elections Regarding Taxes 3889.251
Dissolution by City Ordinance 3889.252
Collection of Assessments and Other Revenue 3889.253
Concurrence on Additional Powers 3889.254
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3889.006’s source at texas​.gov