Tex. Special District Local Laws Code § 3981.0109: CITY CONSENT; OPERATING AGREEMENT AND PROJECT 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 For contingent expiration of this chapter, see Section 3981.0109.
- CHAPTER 3981. COLE RANCH IMPROVEMENT DISTRICT NO. 1 OF DENTON COUNTY, TEXAS
- SUBCHAPTER A. GENERAL PROVISIONS
(a) Except as provided in Subsection (c), before the district may exercise any powers under this chapter:
(1) the city must adopt an ordinance or resolution consenting to the creation of the district and to the inclusion of land in the district;
(2) the city and the district must negotiate and execute a mutually approved and accepted operating agreement; and
(3) the city and each developer of property in the district must negotiate and execute a project agreement.
(b) This chapter expires December 31, 2020, if:
(1) the city and the district have not executed the operating agreement required by Subsection (a)(2); or
(2) the city and each developer of property in the district have not executed a project agreement as required by Subsection (a)(3).
(c) The board has the powers necessary, convenient, or desirable to negotiate and execute a mutually approved and accepted operating agreement.
Added by Acts 2019, 86th Leg., R.S., Ch. 1266 (H.B. 4693), Sec. 1, eff. June 14, 2019.
Collected 2026-08-27T01:47:41Z. Source file · JSON