Tex. Spec. Dist. Local Laws Code § 3952.002 · Subchapter A. GENERAL PROVISIONS
PRECONDITION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "finance plan" means a plan that includes a general description of proposed improvement projects that will be financed by the district, an estimate of the costs for the proposed improvement projects, an estimate of the amount of the costs for the proposed improvement projects that the district will pay directly or that will be reimbursed to a developer of property in the district, and the means of financing costs related to the planning, design, construction, improvement, maintenance, and operation of the proposed improvement projects.
(b) The district may not exercise any powers under this chapter until:
(1) the development agreement and consent application are executed and effective; and
(2) the finance plan is approved by the governing body of the city.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 645 (H.B. 4347), Sec. 1, eff. June 12, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3952.htm
- Text hash
- sha256 97f3c7a31499e20bf2f5f509cfcabbdc75f93cbd3c0ca42d93bbfce32b16268f
- 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.