Tex. Spec. Dist. Local Laws Code § 3895.161 · Subchapter D. GENERAL FINANCIAL PROVISIONS
PROJECT DEVELOPMENT AGREEMENT REQUIRED TO IMPOSE TAXES OR BORROW MONEY, INCLUDING BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 1203 (S.B. 233), Sec. 1, eff. June 17, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3895.htm
- Text hash
- sha256 7969598438ca52e7ea72cff212464cd5df34903333d2950bac7f7f0e05a3ba52
- 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
Cited by 4 provisions
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 3895.161. Each shows the citation as that text prints it.
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 3895.151GENERAL POWERS REGARDING FINANCIAL MATTERS.Printed as Section 3895.161
- Tex. Spec. Dist. Local Laws Code § 3895.155MAINTENANCE AND OPERATION TAX; ELECTION.Printed as Section 3895.161
- Tex. Spec. Dist. Local Laws Code § 3895.158BONDS AND OTHER OBLIGATIONS; MUNICIPAL APPROVAL.Printed as Sections 3895.157 and 3895.161
- Tex. Spec. Dist. Local Laws Code § 3895.201DISSOLUTION BY CITY ORDINANCE.Printed as Section 3895.161
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.