Tex. Special District Local Laws Code § 3980.0109
CITY CONSENT; OPERATING AGREEMENT AND PROJECT AGREEMENT REQUIRED
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 3980.0109, CITY CONSENT; OPERATING AGREEMENT AND PROJECT AGREEMENT REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/600536
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Full text
(a) Except as provided in Subsection (c), before the district may exercise any powers under this chapter:
(1) the city must adopt an ordinance or resolution consenting to the creation of the district and to the inclusion of land in the district;
(2) the city and the district must negotiate and execute a mutually approved and accepted operating agreement; and
(3) the city and each developer of property in the district must negotiate and execute a project agreement.
(b) This chapter expires December 31, 2020, if:
(1) the city and the district have not executed the operating agreement required by Subsection (a)(2); or
(2) the city and each developer of property in the district have not executed a project agreement as required by Subsection (a)(3).
(c) The board has the powers necessary, convenient, or desirable to negotiate and execute a mutually approved and accepted operating agreement.