Tex. Spec. Dist. Local Laws Code Section 3938.109
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. 982 (H.B. 4154), Sec. 1, eff. June 19, 2015.

Source: Section 3938.109 — Economic Development, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3938.­htm#3938.­109 (accessed Jun. 5, 2024).

3938.001
Definitions
3938.002
Creation and Nature of District
3938.003
Purpose
3938.004
Findings of Benefit and Public Purpose
3938.005
District Territory
3938.006
Applicability of Municipal Management Districts Law
3938.007
Construction of Chapter
3938.051
Governing Body
3938.052
Qualifications of Directors Appointed by County
3938.053
Appointment of Directors
3938.054
Vacancy
3938.055
Director’s Oath or Affirmation
3938.056
Quorum
3938.057
Officers
3938.058
Compensation
3938.059
Liability Insurance
3938.060
No Executive Committee
3938.061
Board Meetings
3938.101
General Powers and Duties
3938.102
Improvement Projects and Services
3938.103
Location of Improvement Project
3938.104
Development Corporation Powers
3938.105
Nonprofit Corporation
3938.106
Agreements
3938.107
Law Enforcement Services
3938.108
Membership in Charitable Organizations
3938.109
Economic Development
3938.110
Real Property Restrictions
3938.111
Designation of Special Zones
3938.112
Concurrence on Additional Powers
3938.113
No Eminent Domain Power
3938.151
Disbursements and Transfers of Money
3938.152
Money Used for Improvements or Services
3938.153
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs
3938.154
Petition Required for Financing Services and Improvements with Assessments
3938.155
Assessments
3938.156
Storm Water User Charges
3938.157
Nonpotable Water User Charges
3938.158
Costs for Improvement Projects
3938.159
Tax and Assessment Abatements
3938.201
Tax Abatement
3938.202
Property Tax Authorized
3938.203
Sales and Use Tax
3938.204
Bonds and Other Obligations
3938.205
Bond Maturity
3938.206
Taxes for Bonds and Other Obligations
3938.251
Dissolution by Ordinance
3938.252
Collection of Assessments and Other Revenue
3938.253
Assumption of Assets and Liabilities

Accessed:
Jun. 5, 2024

§ 3938.109’s source at texas​.gov