Tex.
Tax Code Section 311.0087
Restriction on Powers of Certain Municipalities
(a)
This section applies only to a proposed reinvestment zone:(1)
the designation of which is requested in a petition submitted under Section 311.005 (Criteria for Reinvestment Zone)(a)(4) before July 31, 2004, to the governing body of a home-rule municipality that:(A)
has a population of more than 1.1 million;(B)
is located primarily in a county with a population of 1.5 million or less; and(C)
has created at least 20 reinvestment zones under this chapter; and(2)
that is the subject of a resolution of intent that was adopted before October 31, 2004, by the governing body of the municipality.(b)
If the municipality imposes a fee of more than $25,000 for processing the petition, the municipality may not require a property owner who submitted the petition, as a condition of designating the reinvestment zone or approving a development agreement, interlocal agreement, or project plan for the proposed reinvestment zone:(1)
to waive any rights of the owner under Chapter 245 (Issuance of Local Permits), Local Government Code, or under any agreed order or settlement agreement to which the municipality is a party;(2)
to dedicate more than 20 percent of the owner’s land in the area described in the petition as open-space land; or(3)
to use a nonconventional use pattern for a development to be located within the proposed reinvestment zone.
Source:
Section 311.0087 — Restriction on Powers of Certain Municipalities, https://statutes.capitol.texas.gov/Docs/TX/htm/TX.311.htm#311.0087 (accessed Apr. 20, 2024).
