PROJECT DEVELOPMENT AGREEMENT REQUIRED TO IMPOSE TAXES OR BORROW MONEY, INCLUDING BONDS.

Tex. SPEC. DIST. LOCAL LAWS Code § 3894.161.
in effect
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Before the district may issue bonds, impose taxes, or borrow money, the district and the city must negotiate and execute a mutually approved and accepted interlocal project development agreement regarding the development plans and rules for: (1) the development and operation of the district; and (2) the financing of improvement projects. Added by Acts 2011, 82nd Leg., R.S., Ch. 880 (S.B. 234 ), Sec. 1, eff. June 17, 2011.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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