Texas Local Government Code Title 12, Chapter 374 - Urban Renewal In Municipalities
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 374.001 - Short Title
This chapter may be cited as the Texas Urban Renewal Law. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
- Texas Section 374.002 - Legislative Findings; Intent
(a) The legislature finds that slum and blighted areas exist in municipalities in this state and that those areas: (1) are a serious and growing...
SUBCHAPTER B MUNICIPAL POWERS AND DUTIES RELATING TO URBAN RENEWAL
- Texas Section 374.003 - Definitions
In this chapter: (1) "Agency" means a public urban renewal agency created under this chapter. (2) "Area of operation" means the area within the corporate...
- Texas Section 374.011 - Resolution; Election
(a) Except as provided by Section 374.012, a municipality may not exercise a power granted under this chapter unless: (1) the governing body of the...
- Texas Section 374.012 - Alternate Approval Process For Certain Projects
(a) A municipality that did not approve the exercise of urban renewal powers under Section 374.011 before April 27, 1973, may approve the exercise of...
- Texas Section 374.013 - Use Of Public Or Private Resources
(a) To further the urban renewal objectives of this chapter, a municipality may formulate a workable program to use appropriate private and public resources, including...
- Texas Section 374.014 - Municipal Urban Renewal Plan
(a) A municipality may not prepare an urban renewal plan for an area unless the governing body of the municipality has, by resolution, declared the...
- Texas Section 374.015 - General Municipal Powers Relating To Urban Renewal
(a) A municipality may exercise all powers necessary or convenient to carry out the purposes of this chapter, including the power to: (1) conduct preliminary...
- Texas Section 374.016 - Slum Clearance
(a) In this section, "slum clearance and redevelopment section" means any substantial contiguous part of an urban renewal area that a municipality proposes to acquire...
SUBCHAPTER C URBAN RENEWAL AGENCY
- Texas Section 374.017 - Disposition Of Property
(a) Subject to the covenants, conditions, and restrictions, including covenants running with the land, that the municipality considers to be in the public interest or...
- Texas Section 374.021 - Exercise Of Urban Renewal Project Powers
(a) A municipality may exercise urban renewal project powers through a board or through municipal officers selected by the governing body of the municipality by...
- Texas Section 374.022 - Creation Of Urban Renewal Agency
(a) An urban renewal agency created in a municipality is a public body corporate and politic. (b) An urban renewal agency may not transact business...
- Texas Section 374.023 - Board Of Commissioners
(a) If an urban renewal agency is created by a municipality, the mayor of the municipality, with the advice and consent of the governing body...
- Texas Section 374.024 - Agency Personnel; Report
(a) An urban renewal agency may employ an executive director, technical experts, and other agents and employees as it determines necessary, and may determine the...
- Texas Section 374.025 - Approval Requirement
An urban renewal agency created under this subchapter may not undertake a renewal or rehabilitation project until the area proposed as a renewal or rehabilitation...
SUBCHAPTER D TAX INCREMENT FINANCING FOR URBAN RENEWAL PROJECTS
- Texas Section 374.026 - Urban Renewal Bonds
(a) An urban renewal agency created under this subchapter may issue bonds from time to time to finance an urban renewal project, including the payment...
- Texas Section 374.031 - Election Required
(a) A municipality may not use the tax increment method of financing prescribed under this subchapter unless a majority of the qualified voters of the...
- Texas Section 374.032 - Tax Increment Fund
On approval of an urban renewal plan by the governing body of a municipality and on approval of tax increment financing as required by Section...
- Texas Section 374.033 - Computation Of Tax Increments
(a) A tax increment is computed by multiplying the total in property taxes levied and collected by the municipality and all other taxing entities on...
- Texas Section 374.034 - Allocation Of Tax Collections And Tax Increments; Tax Increment Fund
(a) For the purposes of this chapter, the tax assessor-collector has the sole authority and the duty to collect the taxes levied by the municipality...
- Texas Section 374.035 - Tax Increment Bonds
(a) A municipality may issue tax increment bonds, the proceeds of which may be used to pay redevelopment costs relating to the urban renewal project...
- Texas Section 374.036 - Disbursements From Tax Increment Fund
(a) Money may be disbursed from a tax increment fund only to satisfy the claims of holders of tax increment bonds issued in aid of...
SUBCHAPTER Z MISCELLANEOUS PROVISIONS
- Texas Section 374.037 - Municipal Annual Report; Statement
(a) Before July 2 each year, the governing body of the municipality shall submit to the chief executive officer of each taxing entity a report...
- Texas Section 374.901 - Use Of Acquired Property For Public Housing
(a) Except as provided by Subsection (b), real property acquired under this chapter may not be sold, leased, granted, conveyed, or otherwise made available for...
- Texas Section 374.902 - Exercise Of Urban Renewal Powers By Certain Counties
(a) Unless the context clearly requires otherwise, a statement in this chapter that applies to a mayor applies to the county judge of a county...
- Texas Section 374.903 - Urban Renewal In Disaster Area
If the governing body of a municipality certifies that an area needs redevelopment or rehabilitation because of a flood, fire, hurricane, earthquake, storm, or other...
- Texas Section 374.904 - Costs Of Relocation
If the relocating, raising, rerouting, changing of grade, or altering the construction of a railroad, electric transmission line, pipeline, or telephone or telegraph property or...
- Texas Section 374.905 - Municipal Property Exempt From Levy And Execution
(a) All municipal property, including funds, owned or held for the municipality for the purposes of this chapter are exempt from levy and sale by...
- Texas Section 374.906 - Powers Of Public Body
(a) To aid in the planning or implementation of an urban renewal project located within the area in which it is authorized to act, any...
- Texas Section 374.907 - Title Of Purchaser
An instrument executed by a municipality or by an urban renewal agency that purports to convey a right, title, or interest in property under this...
- Texas Section 374.908 - Conflict Of Interest
(a) A public official or employee of a municipality, including an official or employee of an urban renewal agency that exercises urban renewal project powers...
- Texas Section 374.909 - Judicial Proceedings
(a) An action brought to review, modify, suspend, or satisfy a rule, order, decision, or other act of the governing body of a municipality or...
- Texas Section 374.910 - Effect On Municipal Powers
(a) This chapter does not repeal a charter provision adopted by a home-rule municipality to accomplish the same purposes as this chapter. This chapter is...
Last modified: September 28, 2016