Sec. 3903.207. DEVELOPMENT AGREEMENT. The district may enter into a development agreement that requires the district to reimburse a developer for the costs associated with constructing and maintaining an improvement project. The district may use revenue from taxes and assessments to reimburse a developer under this section.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1191 (H.B. 3827), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3903 - Fulshear Town Center Management District
Section 3903.201. Bonds and Other Obligations
Section 3903.202. Bond Maturity
Section 3903.203. Taxes for Bonds and Other Obligations
Section 3903.204. Election Required for Taxes or Bonds
Section 3903.205. Hotel Occupancy Tax
Section 3903.206. Certain Single-Family Residential Property Exempt