Sec. 3868.057. COMPENSATION; EXPENSES. (a) The district may compensate each director in an amount not to exceed $150 for each board meeting. The total amount of compensation a director may receive each year may not exceed $6,000. A director who is an employee of the town may not receive compensation under this subsection.
(b) A director is entitled to reimbursement for necessary and reasonable expenses incurred in carrying out the duties and responsibilities of a director.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff. September 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3868 - Valencia Municipal Management District No. 1
Subchapter B. Board of Directors
Section 3868.051. Governing Body; Terms
Section 3868.052. Qualifications of Appointed Director
Section 3868.053. Complete Discretion of Town Regarding Appointment of Director
Section 3868.055. Director's Oath or Affirmation