Sec. 3972.0109. CONSENT OF MUNICIPALITY AND ENTITLEMENT AGREEMENT REQUIRED. The board may not impose an assessment, issue bonds, or hold an election to authorize the issuance of bonds until:
(1) the governing body of the city by ordinance or resolution consents to the creation of the district and to the inclusion of land in the district; and
(2) the city and the owner or owners of a majority of the assessed value of real property in the district negotiate and execute a mutually approved and accepted entitlement agreement regarding the development of land in the district.
Added by Acts 2019, 86th Leg., R.S., Ch. 1010 (H.B. 4730), Sec. 1, eff. January 1, 2020.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3972 - City of El Paso Municipal Management District No. 1
Subchapter A. General Provisions
Section 3972.0101. Definitions
Section 3972.0102. Creation and Nature of District
Section 3972.0103. Purpose; Legislative Findings
Section 3972.0104. Findings of Benefit and Public Use
Section 3972.0105. Initial District Territory
Section 3972.0106. Eligibility for Inclusion in Special Zones
Section 3972.0107. Applicability of Municipal Management District Law
Section 3972.0108. Enforceability of Municipal Consent Agreement
Section 3972.0109. Consent of Municipality and Entitlement Agreement Required