Texas Special District Local Laws Code 3911.251 – Development Agreement Required to Borrow Money or Impose Taxes or Assessments, Including Bonds
Current as of: 2024 | Check for updates
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Before the district may issue bonds, impose taxes or assessments, or borrow money, the district and the city must negotiate and execute a development agreement regarding the development plans and rules for:
(1) the development and operation of the district; and
(2) the financing of improvement projects.