Sec. 3905.108. ECONOMIC DEVELOPMENT PROGRAM. (a) The district may establish and provide for the administration of one or more programs to promote economic development and to stimulate business and commercial activity in the district, including programs to secure loans and receive grants of public money.
(b) The district may:
(1) contract with the federal government, the state, a political subdivision of the state, a nonprofit organization, or any other person for the administration of the program; and
(2) accept contributions, gifts, or other resources to develop and administer the program.
Added by Acts 2011, 82nd Leg., R.S., Ch. 358 (H.B. 3857), 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 3905 - Near Northside Management District
Subchapter C. Powers and Duties
Section 3905.101. Housing Finance Corporation Powers
Section 3905.102. Development Corporation Powers
Section 3905.103. Nonprofit Corporation
Section 3905.104. Agreements; Grants
Section 3905.105. Law Enforcement Services
Section 3905.106. Competitive Bidding
Section 3905.108. Economic Development Program
Section 3905.109. Strategic Partnership Agreement
Section 3905.110. Real Property
Section 3905.111. Receipt of Surplus Property