Sec. 3972.0210. INITIAL DIRECTORS. (a) On or after January 1, 2020, the owner or owners of a majority of the assessed value of real property in the district may submit a petition to the governing body of the city requesting that the governing body appoint five persons as initial directors from a list of persons agreed on by the governing body of the city and the owner or owners of a majority of the assessed value of real property in the district.
(b) A petition must name more than five qualified persons.
(c) The governing body shall appoint as initial directors five persons listed in the petition who are qualified to serve as directors.
(d) The initial directors shall determine by lot which three positions expire June 1, 2022, and which two positions expire June 1, 2024.
(e) An initial director is not entitled to compensation under Section 3972.0206.
(f) This section expires September 1, 2025.
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 B. Board of Directors
Section 3972.0201. Governing Body; Terms
Section 3972.0202. Qualifications of Directors
Section 3972.0203. Appointment of Directors
Section 3972.0206. Compensation; Expenses
Section 3972.0207. Liability Insurance
Section 3972.0208. No Executive Committee