Sec. 3930.108. ECONOMIC DEVELOPMENT PROGRAM. (a) The district may establish and provide for the administration of one or more programs to promote economic development and to stimulate business and commercial activity in the district, including programs to secure loans and receive grants of public money.
(b) The district may:
(1) contract with the federal government, this state, a political subdivision, a nonprofit organization, or any other person for the administration of the program; and
(2) accept contributions, gifts, or other resources to develop and administer the program.
Added by Acts 2015, 84th Leg., R.S., Ch. 980 (H.B. 3888), Sec. 1, eff. June 19, 2015.
Section: Previous 3930.101 3930.102 3930.103 3930.104 3930.105 3930.106 3930.107 3930.108 3930.109 3930.110 3930.111 3930.112 3930.113 3930.151 3930.152 NextLast modified: September 28, 2016