Tex. Spec. Dist. Local Laws Code § 3846.254 · Subchapter F. ECONOMIC DEVELOPMENT ZONES
PRELIMINARY FINANCING PLAN REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Before designating a development zone, the board must prepare a preliminary financing plan for the zone that includes:
(1) estimated project costs, including administrative expenses;
(2) a description of the kind, number, and location of all proposed improvement projects in the zone;
(3) the estimated amount of:
(A) bonded indebtedness to be incurred; or
(B) the financial obligation of any other contractual obligation to be incurred;
(4) a description of the methods of financing and expected sources of revenue to pay for the costs of proposed improvement projects; and
(5) the projected duration of the zone.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.036, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3846.htm
- Text hash
- sha256 94e98b5c5f6804196540a0518a91ad371aaf1e059a1992c3dd3f77f44ad1e050
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.