Sec. 386.102. DUTY TO EVALUATE AVAILABLE FINANCING OPTIONS. The board shall evaluate all options available to the development zone as alternatives to imposing a tax under Section 386.035, including:
(1) regional grants from federal and state agencies;
(2) local money from a creating body;
(3) money from charities;
(4) sales taxes for economic development in the development zone;
(5) use or impact fees on affected business entities;
(6) incentives for business entities that may benefit from the development zone;
(7) money provided by local governmental entities; and
(8) in-kind contributions.
Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. June 16, 2001.
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