IMPROVEMENT PROJECTS.

(a) The district may provide or finance, or contract with a governmental or private person to provide or finance, the following types of projects or activities in support of or incidental to one of the projects:

(1) an improvement project that is a public improvement, facility, or service that may be provided by a municipal utility district or a municipal management district, including:

(A) water, wastewater, reclamation, drainage, road, trail, or bridge improvement;

(B) utilization and reuse of treated effluent in landscape and other features, including temporary holding features;

(C) transportation of treated effluent for reuse; and

(D) injection of treated stormwater runoff or stormwater collected from roofs into aquifers as storage or to recharge the aquifer; and

(2) the purchase and maintenance of conservation land for endangered species, including the cost of:

(A) any permits relating to endangered species or the maintenance of the land; and

(B) purchasing land or easements for conservation mitigation.

(b) The district may inject stormwater as authorized by Subsection (a)(1)(D) without the consent, concurrence, or authorization of a groundwater conservation district, but only if the injection is authorized by a commission rule or permit under Chapter 27, Water Code.

(c) To finance an improvement project under Subsection (a)(1), the district may, in the manner authorized by:

(1) Chapter 375, Local Government Code, or Chapter 54, Water Code, use funds derived from:

(A) ad valorem taxes;

(B) sales and use taxes from a strategic partnership agreement authorized by Section 7982.109;

(C) assessments imposed under Section 7982.201;

(D) revenue from an improvement project;

(E) impact fees; or

(F) any other source; and

(2) Sections 375.201 through 375.205, Local Government Code, enter into obligations, including:

(A) lease purchase agreements;

(B) certificates of participation in lease purchase agreements;

(C) general obligation bonds and notes and revenue bonds and notes;

(D) combination general obligation and revenue bonds and notes; and

(E) other interest-bearing obligations.

(d) Sections 375.161 through 375.163, Local Government Code, do not apply to an assessment imposed by the district.