GENERAL POWERS AND DUTIES

(a) A district may: (1) acquire a road facility, acquire property for a road facility, and construct or improve a road facility, inside or outside district boundaries, as provided by this chapter; (2) provide financing for a road facility or for construction, acquisition, or improvement of a road facility from money available to the district under this chapter; (3) advise any person and consult, cooperate, or enter an agreement with any person; (4) apply for, accept, receive, and administer a gift, grant, loan, or money available from any source; (5) reimburse a private entity for money spent to construct a road or improvement that has been or will be dedicated or otherwise transferred to public use, or purchase a road or improvement constructed by a private entity, regardless of whether the construction occurs before or after the creation of the district; and (6) exercise other powers and duties to accomplish the purposes for which the district was created. (b) The board may contract with any person to carry out the powers and duties under this chapter. The board shall execute the contract in the name of the district. (c) The district may assume a contract or other obligation of a previous owner of a road facility or property acquired by the district and perform the contract or obligation in the same manner as any other purchaser or assignee, if the contract or obligation was created as provided by the competitive bidding requirements of Subchapter B, Chapter 271, Local Government Code.