Sec. 3850.107. ECONOMIC DEVELOPMENT PROGRAMS AND OTHER POWERS RELATED TO PLANNING AND DEVELOPMENT. (a) 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.
(b) The district has all of the powers of a municipality under Chapter 380, Local Government Code.
Added by Acts 2005, 79th Leg., Ch. 771 (H.B. 3526), Sec. 1, eff. June 17, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3850 - Greater Sharpstown Management District
Subchapter C. Powers and Duties
Section 3850.101. Exercise of Powers of Development Corporation
Section 3850.102. Nonprofit Corporation
Section 3850.103. Agreements; Grants
Section 3850.104. Authority to Contract for Law Enforcement
Section 3850.105. Approval by City of Houston
Section 3850.106. Membership in Charitable Organizations
Section 3850.107. Economic Development Programs and Other Powers Related to Planning and Development