Sec. 3839.101. INDUSTRIAL DEVELOPMENT CORPORATION POWERS. The district may exercise the powers given to an industrial development corporation under Chapter 505, Local Government Code, including the power to own, operate, acquire, construct, lease, improve, or maintain a project described by that chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 1285 (H.B. 4045), Sec. 1, eff. June 15, 2007.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 21.025, eff. September 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3839 - Towne Lake Management District
Subchapter C. Powers and Duties
Section 3839.101. Industrial Development Corporation Powers
Section 3839.102. Nonprofit Corporation
Section 3839.103. Agreements; Grants
Section 3839.104. Authority to Contract for Law Enforcement
Section 3839.105. Membership in Charitable Organizations
Section 3839.106. Economic Development Programs