(a) At least three directors appointed by the municipality and at least three directors appointed by the county must:
(1) reside in the authority; or
(2) own property in the authority.
(b) Representatives or agents of a school district whose boundaries overlap with an authority or of an institution of higher education that operates facilities within an authority may serve on the board.

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Terms Used In Texas Local Government Code 375.307


(c) To be qualified to serve as a director appointed by the municipality or the county, a person who does not meet the qualifications of Subsection (a) must be:
(1) an owner of stock, whether beneficial or otherwise, of a corporate owner of property in the authority;
(2) an owner of a beneficial interest in a trust that owns property in the authority; or
(3) an agent, employee, or tenant of a person who:
(A) owns property in the authority; or
(B) is covered by Subdivision (1) or (2).