Sec. 386.034. DESIGNATING ORDINANCE OR ORDER. (a) An ordinance or order designating an area as a development zone must:
(1) describe precisely the area to be included in the zone by a legal description or by reference to roadways, lakes, waterways, or municipal or county boundaries;
(2) state a finding that the area meets the requirements of this chapter;
(3) summarize briefly the:
(A) incentives, including tax incentives, that the designating body chooses to apply to businesses in the area; or
(B) programs to be developed to affect businesses in the area; and
(4) designate the area as a development zone.
(b) The incentives or programs summarized under Subsection (a)(3) must include:
(1) an incentive that does not apply to all businesses located in the jurisdiction of a governmental entity that designated the area as a development zone;
(2) an incentive or program designed to improve the skills of the local labor pool; and
(3) an incentive or program designed to address infrastructure, housing, or other elements essential to improving quality of life.
(c) This section does not prohibit a municipality or county from extending additional incentives, including tax incentives, to business enterprises in a development zone by a separate ordinance or order.
Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. June 16, 2001.
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