Sec. 3907.202. COMPLIANCE WITH DEVELOPMENT AGREEMENT AND FINANCE PLAN. Before the district issues, enters into, or pays an obligation under Section 3907.201:
(1) the obligation must be authorized by the finance plan; and
(2) the city must provide written notice to the district that no party to the development agreement is in default as of the date the district is authorized to issue or enter into the obligation.
Added by Acts 2011, 82nd Leg., R.S., Ch. 858 (H.B. 3836), Sec. 1, eff. September 1, 2011.
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