(a) A district may:
(1) perform any act necessary to the full exercise of the district’s functions;
(2) accept a grant or loan from:
(A) the United States;
(B) an agency or political subdivision of this state; or
(C) a public or private person;
(3) acquire, sell, lease, convey, or otherwise dispose of property or an interest in property under terms determined by the district;
(4) employ necessary personnel;
(5) adopt rules to govern the operation of the district and its employees and property; and
(6) enter into agreements with municipalities necessary or convenient to achieve the district’s purposes, including agreements regarding the duration, rate, and allocation between the district and the municipality of sales and use taxes.
(b) A district may contract with a public or private person to perform any act the district is authorized to perform under this chapter.

Terms Used In Texas Local Government Code 387.006

  • Contract: A legal written agreement that becomes binding when signed.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005

(c) A district may not levy an ad valorem tax.

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