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Tex. Special District Local Laws Code § 7987.107

DEVELOPMENT AND OPERATING AGREEMENT REQUIRED

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

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Tex. Special District Local Laws Code § 7987.107, DEVELOPMENT AND OPERATING AGREEMENT REQUIRED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/607141
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After the district's board is organized, but before the district may undertake any improvement project, impose taxes or fees, or issue bonds or otherwise borrow money, the district must become a party to and assume all applicable obligations, requirements, and limitations in the development agreement entered into between the city and the owner or owners of a majority of land in the district, including any limitation imposed by the city.