Sec. 3960.103. DEVELOPMENT CORPORATION POWERS. The district, using money available to the district, may exercise the powers given to a development corporation under Chapter 505, Local Government Code, including the power to own, operate, acquire, construct, lease, improve, or maintain a project under that chapter.
Added by Acts 2017, 85th Leg., R.S., Ch. 634 (H.B. 4315), 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 3960 - Beaumont Municipal Management District No. 1
Subchapter C. Powers and Duties
Section 3960.101. General Powers and Duties
Section 3960.102. Improvement Projects and Services
Section 3960.103. Development Corporation Powers
Section 3960.104. Nonprofit Corporation
Section 3960.105. Agreements; Grants
Section 3960.106. Law Enforcement Services
Section 3960.107. Membership in Charitable Organizations
Section 3960.108. Economic Development
Section 3960.109. Parking Facilities
Section 3960.110. Annexation of Land