Sec. 3971.0306. ECONOMIC DEVELOPMENT PROGRAMS. (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 provided to municipalities by:
(1) Chapter 380, Local Government Code; and
(2) Subchapter A, Chapter 1509, Government Code.
Added by Acts 2019, 86th Leg., R.S., Ch. 473 (H.B. 4694), Sec. 1, eff. June 7, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3971 - Sh130 Municipal Management District No. 1
Subchapter C. Powers and Duties
Section 3971.0301. General Powers and Duties
Section 3971.0302. Improvement Projects and Services
Section 3971.0303. Nonprofit Corporation
Section 3971.0304. Law Enforcement Services
Section 3971.0305. Membership in Charitable Organizations
Section 3971.0306. Economic Development Programs
Section 3971.0307. Parking Facilities
Section 3971.0308. Adding or Excluding Land