Sec. 3906.306. CITY CONSENT; DURATION. The city may, in its consent to the creation of the district, determine the portion of tax increment to be paid to the district and the initial duration of the tax increment reinvestment zone.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1269 (S.B. 1922), 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 3906 - Port Isabel Improvement District No. 1
Subchapter F. Tax Increment Reinvestment Zone
Section 3906.301. District as Tax Increment Reinvestment Zone
Section 3906.302. Board; Powers
Section 3906.303. Base Year Value
Section 3906.304. Interlocal Agreements Allowed
Section 3906.305. Use of Money