Tex. Spec. Dist. Local Laws Code Section 3936.109
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 2017, 85th Leg., R.S., Ch. 608 (H.B. 3173), Sec. 2, eff. June 12, 2017.

Source: Section 3936.109 — Economic Development, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3936.­htm#3936.­109 (accessed May 4, 2024).

3936.001
Definitions 3936.002
Creation and Nature of District 3936.003
Purpose 3936.004
Findings of Benefit and Public Purpose 3936.005
District Territory 3936.006
Eligibility for Inclusion in Special Zones 3936.007
Applicability of Municipal Management Districts Law 3936.008
Construction of Chapter 3936.051
Governing Body 3936.052
Qualifications of Directors Appointed by City 3936.053
Appointment of Directors 3936.054
Vacancy 3936.055
Director’s Oath or Affirmation 3936.056
Quorum 3936.057
Officers 3936.058
Compensation 3936.059
Liability Insurance 3936.060
No Executive Committee 3936.061
Board Meetings 3936.101
General Powers and Duties 3936.102
Improvement Projects and Services 3936.103
Location of Improvement Project 3936.104
Development Corporation Powers 3936.105
Nonprofit Corporation 3936.106
Agreements 3936.107
Law Enforcement Services 3936.108
Membership in Charitable Organizations 3936.109
Economic Development 3936.110
Certain Municipal Utility District Powers 3936.111
Concurrence on Additional Powers 3936.112
No Eminent Domain Power 3936.151
Disbursements and Transfers of Money 3936.152
Money Used for Improvements or Services 3936.153
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs 3936.154
Petition Required for Financing Services and Improvements with Assessments 3936.155
Method of Notice for Hearing 3936.156
Assessments 3936.157
Storm Water User Charges 3936.158
Nonpotable Water User Charges 3936.159
Costs for Improvement Projects 3936.160
Tax and Assessment Abatements 3936.161
Powers of Municipal Utility District to Establish Defined Areas and Designated Property 3936.201
Tax Abatement 3936.202
Property Tax Authorized 3936.203
Sales and Use Tax 3936.204
Bonds and Other Obligations 3936.205
Bond Maturity 3936.206
Taxes for Bonds and Other Obligations 3936.251
Dissolution by City Ordinance 3936.252
Collection of Assessments and Other Revenue 3936.253
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
May 4, 2024

§ 3936.109’s source at texas​.gov