Sec. 3967.0309. 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 in the district, including programs to:
(1) make loans and grants of public money; and
(2) provide district personnel and services.
(c) The district may create economic development programs and exercise the economic development powers that:
(1) Chapter 380, Local Government Code, provides to a municipality; and
(2) Subchapter A, Chapter 1509, Government Code, provides to a municipality.
Added by Acts 2019, 86th Leg., R.S., Ch. 1254 (H.B. 4644), Sec. 1, eff. June 14, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3967 - Wood Trace Management District of Montgomery County, Texas
Subchapter C. Powers and Duties
Section 3967.0301. General Powers and Duties
Section 3967.0302. Improvement Projects and Services
Section 3967.0303. Recreational Facilities
Section 3967.0304. Authority for Road Projects
Section 3967.0305. Conveyance and Approval of Road Project
Section 3967.0306. Nonprofit Corporation
Section 3967.0307. Law Enforcement Services
Section 3967.0308. Membership in Charitable Organizations
Section 3967.0309. Economic Development
Section 3967.0310. Strategic Partnership Agreement
Section 3967.0311. Regional Participation Agreement
Section 3967.0312. Parking Facilities
Section 3967.0313. Adding or Excluding Land
Section 3967.0314. Disbursements and Transfers of Money