Texas Special District Local Laws Code 3917.156 – Project Development Agreement Required to Impose Taxes or Borrow Money, Including Bonds
Current as of: 2024 | Check for updates
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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.