Tex. Local Government Code § 303.023: PROCEDURE.
Where this section sits in the code
- LOCAL GOVERNMENT CODE
- TITLE 9. PUBLIC BUILDINGS AND GROUNDS
- SUBTITLE C. PUBLIC BUILDING PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT
- CHAPTER 303. PUBLIC FACILITY CORPORATIONS
- SUBCHAPTER B. CREATION AND OPERATION OF PUBLIC FACILITY CORPORATION
A governing body of a sponsor that determines that it is in the public interest and to the benefit of the sponsor's residents and the citizens of this state that a corporation be created to finance, refinance, or provide the costs of public facilities of the sponsor may by resolution stating that determination:
(1) authorize and approve the creation of a corporation to act on behalf of the sponsor; and
(2) approve proposed articles of incorporation for the corporation.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.
Collected 2026-08-27T01:47:27Z. Source file · JSON