Sec. 3953.111. ECONOMIC DEVELOPMENT. (a) The district may engage in activities that accomplish the economic development purposes of the district.
(b) The district may establish and provide for the administration of one or more programs to promote state or local economic development and to stimulate business and commercial activity, including programs to:
(1) make loans and grants of public money; and
(2) provide district personnel and services, including for the management of recreational facilities.
(c) The district may create economic development programs and exercise the economic development powers provided to municipalities by:
(1) Chapter 380, Local Government Code; and
(2) Subchapter A, Chapter 1509, Government Code.
Added by Acts 2017, 85th Leg., R.S., Ch. 630 (H.B. 4297), Sec. 1, eff. June 12, 2017.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3953 - Telfair Tract 5 Commercial Management District
Subchapter C. Powers and Duties
Section 3953.101. General Powers and Duties
Section 3953.102. Improvement Projects and Services
Section 3953.103. Location of Improvement Project
Section 3953.104. Public Improvement District Powers
Section 3953.105. Municipal Management District Powers
Section 3953.106. Development Corporation Powers
Section 3953.107. Nonprofit Corporation
Section 3953.108. Agreements; Grants
Section 3953.109. Law Enforcement Services
Section 3953.110. Membership in Charitable Organizations
Section 3953.111. Economic Development
Section 3953.112. Parking Facilities
Section 3953.113. Annexation or Exclusion of Land
Section 3953.114. Approval by City