Sec. 3981.0101. DEFINITIONS. In this chapter:
(1) "Board" means the district's board of directors.
(2) "City" means the City of Denton, Texas.
(3) "County" means Denton County, Texas.
(4) "Developer of property in the district" means a developer of property in the district as determined by the governing body of the city.
(5) "Director" means a board member.
(6) "District" means the Cole Ranch Improvement District No. 1 of Denton County, Texas.
(7) "Operating agreement" means an agreement that provides for:
(A) a general description of the improvement projects that may be financed by the district; and
(B) the terms and conditions of:
(i) the financing of the improvement projects described by Paragraph (A); and
(ii) the operation of the district.
(8) "Project agreement" means an agreement between the city and a developer of property in the district that relates to any aspect of the development of property in or outside the district. The governing body of the city may determine whether an agreement constitutes a project agreement for purposes of this chapter.
Added by Acts 2019, 86th Leg., R.S., Ch. 1266 (H.B. 4693), 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 3981 - Cole Ranch Improvement District No. 1 of Denton County, Texas
Subchapter A. General Provisions
Section 3981.0101. Definitions
Section 3981.0102. Nature of District
Section 3981.0103. Purpose; Declaration of Intent
Section 3981.0104. Findings of Benefit and Public Purpose
Section 3981.0105. Initial District Territory
Section 3981.0106. Eligibility for Inclusion in Special Zones
Section 3981.0107. Applicability of Municipal Management Districts Law
Section 3981.0108. Construction of Chapter
Section 3981.0109. City Consent; Operating Agreement and Project Agreement Required