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Section 8483.004. Consent of Municipality Required

TX Spec Dist Code § 8483.004 (2019) (N/A)
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Sec. 8483.004. CONSENT OF MUNICIPALITY REQUIRED. (a) The temporary directors may not hold an election under Section 8483.003 until each municipality in whose corporate limits or extraterritorial jurisdiction the district is located has:

(1) consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district; and

(2) entered into a development agreement with the owner or owners of a majority of the assessed value of the real property within the district.

(b) If a development agreement described by Subsection (a) has not been executed before September 1, 2016:

(1) the temporary directors may not call a confirmation election under Section 8483.003;

(2) the district is dissolved; and

(3) this chapter expires September 1, 2017.

Added by Acts 2013, 83rd Leg., R.S., Ch. 833 (S.B. 1893), Sec. 1, eff. June 14, 2013.

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Section 8483.003. Confirmation and Directors' Election Required
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Section 8483.005. Findings of Public Purpose and Benefit