Sec. 3849.107. APPROVAL BY CITY OF HOUSTON. (a) Except as provided by Subsection (c), the district must obtain the approval of the City of Houston's governing body for:
(1) the issuance of bonds for an improvement project;
(2) the plans and specifications of an improvement project financed by the bonds; and
(3) the plans and specifications of an improvement project related to the use of land owned by the City of Houston, an easement granted by the City of Houston, or a right-of-way of a street, road, or highway.
(b) The approval obtained under Subsection (a) for the issuance of bonds must be a resolution by the City of Houston. The approval obtained under Subsection (a) for plans and specifications must be a permit issued by the City of Houston.
(c) If the district obtains the approval of the City of Houston's governing body of a capital improvements budget for a period not to exceed five years, the district may finance the capital improvements and issue bonds specified in the budget without further approval from the City of Houston.
Added by Acts 2007, 80th Leg., R.S., Ch. 949 (H.B. 4004), Sec. 1, eff. June 15, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3849 - International Management District
Subchapter C. Powers and Duties
Section 3849.101. General Powers
Section 3849.102. Exercise of Powers of Other Governmental Entities
Section 3849.103. Nonprofit Corporation
Section 3849.104. Agreements; Grants
Section 3849.105. Authority to Contract for Law Enforcement
Section 3849.106. Annexation or Exclusion of Territory
Section 3849.107. Approval by City of Houston
Section 3849.108. Membership in Charitable Organizations
Section 3849.109. Economic Development Programs and Other Powers Related to Planning and Development