GroundRules
Tex. Special District Local Laws Code § 3886.104: PROJECT DEVELOPMENT AGREEMENT REQUIRED.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 4. DEVELOPMENT AND IMPROVEMENT
- SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
- CHAPTER 3886. PROSPER MANAGEMENT DISTRICT NO. 1
- SUBCHAPTER C. POWERS AND DUTIES
Before the district may issue bonds, impose taxes, or borrow money, the district and the town must negotiate and execute a mutually approved and accepted interlocal project development agreement regarding the district's development plans and rules for:
(1) the development and operation of the district; and
(2) the financing of improvement projects.
Added by Acts 2009, 81st Leg., R.S., Ch. 1077 (H.B. 4752), Sec. 1, eff. September 1, 2009.
Collected 2026-08-27T01:47:41Z. Source file · JSON