CONSENT OF MUNICIPALITY AND DEVELOPMENT AGREEMENT REQUIRED.
Tex. SPEC. DIST. LOCAL LAWS Code § 7987.004.
in effect(a) The temporary directors may not hold an election under Section 7987.003 , undertake an improvement project, impose taxes or fees, or issue bonds or otherwise borrow money until each municipality in whose corporate limits or extraterritorial jurisdiction the district is located has:
(1) consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district; and
(2) entered into a development agreement under Section 212.172 , Local Government Code, with an owner or owners of a majority of the land described by Section 2 of the Act enacting this chapter.
(b) If a development agreement described by Subsection (a)(2) has not been executed before March 1, 2019:
(1) the temporary directors may not call a confirmation election under Section 7987.003 ;
(2) the district is dissolved; and
(3) this chapter expires March 1, 2020.
Added by Acts 2017, 85th Leg., R.S., Ch. 797 (H.B. 2912 ), Sec. 1, eff. September 1, 2017.