Tex. Spec. Dist. Local Laws Code Section 3937.109
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 2015, 84th Leg., R.S., Ch. 879 (H.B. 4158), Sec. 1, eff. June 18, 2015.

Source: Section 3937.109 — Economic Development, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3937.­htm#3937.­109 (accessed Mar. 23, 2024).

3937.001
Definitions
3937.002
Creation and Nature of District
3937.003
Purpose
3937.004
Findings of Benefit and Public Purpose
3937.005
District Territory
3937.006
Applicability of Municipal Management Districts Law
3937.007
Construction of Chapter
3937.051
Governing Body
3937.052
Qualifications of Directors Appointed by County
3937.053
Appointment of Directors
3937.054
Vacancy
3937.055
Director’s Oath or Affirmation
3937.056
Quorum
3937.057
Officers
3937.058
Compensation
3937.059
Liability Insurance
3937.060
No Executive Committee
3937.061
Board Meetings
3937.101
General Powers and Duties
3937.102
Improvement Projects and Services
3937.103
Location of Improvement Project
3937.104
Development Corporation Powers
3937.105
Nonprofit Corporation
3937.106
Agreements
3937.107
Law Enforcement Services
3937.108
Membership in Charitable Organizations
3937.109
Economic Development
3937.110
Real Property Restrictions
3937.111
Designation of Special Zones
3937.112
Concurrence on Additional Powers
3937.113
No Eminent Domain Power
3937.151
Disbursements and Transfers of Money
3937.152
Money Used for Improvements or Services
3937.153
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs
3937.154
Petition Required for Financing Services and Improvements with Assessments
3937.155
Assessments
3937.156
Storm Water User Charges
3937.157
Nonpotable Water User Charges
3937.158
Costs for Improvement Projects
3937.159
Tax and Assessment Abatements
3937.201
Tax Abatement
3937.202
Property Tax Authorized
3937.203
Sales and Use Tax
3937.204
Bonds and Other Obligations
3937.205
Bond Maturity
3937.206
Taxes for Bonds and Other Obligations
3937.251
Dissolution by Ordinance
3937.252
Collection of Assessments and Other Revenue
3937.253
Assumption of Assets and Liabilities

Accessed:
Mar. 23, 2024

§ 3937.109’s source at texas​.gov