Sec. 3902.155. DEVELOPMENT AGREEMENT, CAPITAL IMPROVEMENT PLAN, AND FINANCIAL PLAN REQUIRED. The district may not undertake an improvement project or spend money for a project or service, including an economic development project or an expenditure for economic development incentives, unless the governing body of the city has approved:
(1) a development agreement; and
(2) a capital improvement plan and financial plan for the improvement project or expenditure.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1195 (H.B. 3859), 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 3902 - Club Municipal Management District No. 1
Subchapter C. -1. Improvement Projects and Services
Section 3902.151. Improvement Projects and Services
Section 3902.152. Board Determination Required
Section 3902.153. City Approval Required
Section 3902.154. Financial Plan
Section 3902.155. Development Agreement, Capital Improvement Plan, and Financial Plan Required
Section 3902.156. Location of Improvement Project or Service
Section 3902.157. City Requirements
Section 3902.158. Improvement Project and Service in Definable Area