Sec. 3876.106. ECONOMIC DEVELOPMENT PROGRAMS. (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) For purposes of this section, the district has all of the powers of a municipality under Chapter 380, Local Government Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 1083 (H.B. 4775), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3876 - Alden Lake Management District
Subchapter C. Powers and Duties
Section 3876.101. Development Corporation Powers
Section 3876.102. Nonprofit Corporation
Section 3876.103. Agreements; Grants
Section 3876.104. Authority to Contract for Law Enforcement
Section 3876.105. Membership in Charitable Organizations
Section 3876.106. Economic Development Programs