Tex. Spec. Dist. Local Laws Code Section 3895.106
Economic Development

(a)

The district may engage in activities that accomplish the economic development purposes of the district.

(b)

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.

(c)

The district may create economic development programs and exercise the economic development powers that:

(1)

Chapter 380 (Miscellaneous Provisions Relating to Municipal Planning and Development), Local Government Code, provides to a municipality; and

(2)

Subchapter A (Authority to Acquire Property for Lease to Public or Private Entity), Chapter 1509 (Obligations for Other Municipal Purposes), Government Code, provides to a municipality.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1203 (S.B. 233), Sec. 1, eff. June 17, 2011.

Source: Section 3895.106 — Economic Development, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3895.­htm#3895.­106 (accessed Jun. 5, 2024).

3895.001
Definitions 3895.002
Creation and Nature of District 3895.003
Purpose 3895.004
Findings of Benefit and Public Purpose 3895.005
District Territory 3895.006
Eligibility for Reinvestment or Enterprise Zones 3895.007
Applicability of Municipal Management Districts Law 3895.008
Liberal Construction of Chapter 3895.051
Board of Directors 3895.052
Appointment of Directors 3895.053
Nonvoting Directors 3895.054
Conflicts of Interest 3895.055
Director’s Oath or Affirmation 3895.056
Officers 3895.057
Compensation of Directors 3895.059
Quorum 3895.101
General Powers and Duties 3895.102
Improvement Projects 3895.103
Development Corporation Powers 3895.104
General Powers Regarding Contracts 3895.105
Competitive Bidding 3895.106
Economic Development 3895.107
Rules 3895.108
Name Change 3895.109
Adding or Removing Territory 3895.110
No Eminent Domain Power 3895.111
No Toll Roads 3895.112
District Employees 3895.151
General Powers Regarding Financial Matters 3895.152
Borrowing Money 3895.153
Impact Fees and Assessments 3895.154
Certain Residential Property Not Exempt 3895.155
Maintenance and Operation Tax 3895.156
Use of Surplus Maintenance and Operation Money 3895.157
Bond Issuance Plan Required Before Issuing Bonds 3895.158
Bonds and Other Obligations 3895.159
Bond Maturity 3895.160
Taxes for Bonds and Other Obligations 3895.161
Project Development Agreement Required to Impose Taxes or Borrow Money, Including Bonds 3895.162
City Not Required to Pay District Obligations 3895.201
Dissolution by City Ordinance 3895.202
Collection of Assessments and Other Revenue 3895.203
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3895.106’s source at texas​.gov