Sec. 3791.0306. ECONOMIC DEVELOPMENT PROGRAMS. (a) The district may engage in activities that accomplish the economic development purposes of the district.
(b) The district may establish and provide for the administration of one or more programs to promote state or local economic development and to stimulate business and commercial activity in the district, including programs to:
(1) make loans and grants of public money; and
(2) provide district personnel and services.
(c) The district may create economic development programs and exercise the economic development powers provided to municipalities by:
(1) Chapter 380, Local Government Code; and
(2) Subchapter A, Chapter 1509, Government Code.
Added by Acts 2021, 87th Leg., R.S., Ch. 771 (H.B. 4666), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3791 - Lorena Municipal Management District No. 1
Subchapter C. Powers and Duties
Section 3791.0301. General Powers and Duties
Section 3791.0302. Improvement Projects and Services
Section 3791.0303. Nonprofit Corporation
Section 3791.0304. Law Enforcement Services
Section 3791.0305. Membership in Charitable Organizations
Section 3791.0306. Economic Development Programs
Section 3791.0307. Parking Facilities
Section 3791.0308. Adding or Excluding Land