Sec. 3929.008. DEVELOPMENT AND OPERATING AGREEMENT EXECUTION REQUIRED. (a) The initial directors may not hold an election under Section 3929.007 until the city has entered into a development and operating agreement under Section 3929.156.
(b) The district is dissolved and this chapter expires March 1, 2018, if the development and operating agreement is not entered into before that date.
Added by Acts 2015, 84th Leg., R.S., Ch. 978 (H.B. 3605), Sec. 1, eff. September 1, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3929 - Joshua Farms Municipal Management District No. 2
Subchapter A. General Provisions
Section 3929.002. Creation and Nature of District
Section 3929.003. Purpose; Legislative Findings
Section 3929.004. Findings of Benefit and Public Purpose
Section 3929.005. Initial District Territory
Section 3929.006. Eligibility for Inclusion in Special Zones
Section 3929.007. Confirmation and Directors' Election Required
Section 3929.008. Development and Operating Agreement Execution Required
Section 3929.009. Applicability of Municipal Management District Law
Section 3929.010. Construction of Chapter