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Tex. Special District Local Laws Code § 3861.161

PROJECT DEVELOPMENT AGREEMENT REQUIRED TO IMPOSE TAXES OR BORROW MONEY, INCLUDING BONDS

Texas · Texas Special District Local Laws Code · Status: effective

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Tex. Special District Local Laws Code § 3861.161, PROJECT DEVELOPMENT AGREEMENT REQUIRED TO IMPOSE TAXES OR BORROW MONEY, INCLUDING BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/595143
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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.