Sec. 3838.106. ECONOMIC DEVELOPMENT PROGRAMS. (a) 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, including bond proceeds; and
(2) provide district personnel and services.
(b) District improvements qualify as projects for funding by an economic development corporation.
(c) For purposes of this section, the district has all of the powers of a municipality under Chapter 380, Local Government Code.
(d) The district is eligible to receive grants from a municipality under Chapter 380, Local Government Code.
Added by Acts 2005, 79th Leg., Ch. 444 (S.B. 1813), Sec. 1, eff. June 17, 2005.Section: Previous 3838.052 3838.053 3838.101 3838.102 3838.103 3838.104 3838.105 3838.106 3838.107 3838.151 3838.152 3838.153 3838.201 3838.202 3838.203 Next
Last modified: September 28, 2016