Sec. 3972.0304. 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 that Chapter 380, Local Government Code, provides to a municipality.
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 C. Powers and Duties
Section 3972.0301. General Powers and Duties
Section 3972.0302. Improvement Projects and Services
Section 3972.0303. Improvement Project and Service in Definable Area; Benefit Basis
Section 3972.0304. Economic Development Programs
Section 3972.0305. Parking Facilities