Texas Special District Local Laws Code Title 4, Chapter 3868 - Valencia Municipal Management District No. 1
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 3868.001 - Definitions
In this chapter: (1) "Board" means the district's board of directors. (2) "County" means Denton County, Texas. (3) "Development agreement" means the "Valencia on the...
- Texas Section 3868.002 - Creation And Nature Of District
The district is a special district created under Sections 52 and 52-a, Article III, and Section 59, Article XVI, Texas Constitution. Added by Acts 2011,...
- Texas Section 3868.003 - Purpose; Legislative Findings
(a) The creation of the district is essential to accomplish the purposes of Sections 52 and 52-a, Article III, and Section 59, Article XVI, Texas...
- Texas Section 3868.004 - Findings Of Benefit And Public Purpose
(a) The district is created to serve a public use and benefit. (b) All land and other property included in the district will benefit from...
- Texas Section 3868.005 - District Territory
(a) The district is composed of the territory described by Section 2 of the Act enacting this chapter, as that territory may have been modified...
- Texas Section 3868.006 - Eligibility For Inclusion In Special Zones
(a) All or any part of the area of the district is eligible to be included in: (1) a tax increment reinvestment zone created under...
SUBCHAPTER B BOARD OF DIRECTORS
- Texas Section 3868.007 - Liberal Construction Of Chapter
This chapter shall be liberally construed in conformity with the findings and purposes stated in this chapter. Added by Acts 2011, 82nd Leg., R.S., Ch....
- Texas Section 3868.051 - Governing Body; Terms
(a) The district is governed by a board of three directors composed of: (1) one director appointed by the governing body of the town who...
- Texas Section 3868.052 - Qualifications Of Appointed Director
(a) To be qualified to serve as an appointed director under Section 3868.051(a)(1), a person must: (1) meet the qualifications of Section 375.063, Local Government...
- Texas Section 3868.053 - Complete Discretion Of Town Regarding Appointment Of Director
The governing body of the town may refuse to appoint a person who is nominated to be a director and meets the qualifications prescribed by...
- Texas Section 3868.054 - Vacancy
(a) The remaining directors shall fill a vacancy on the board by appointing a person who meets the qualifications prescribed by Section 3868.052(a). (b) If...
- Texas Section 3868.055 - Director's Oath Or Affirmation
A director shall file the director's oath or affirmation of office with the district, and the district shall retain the oath or affirmation in the...
- Texas Section 3868.056 - Officers
The board shall elect from among the directors a chair, a vice chair, and a secretary. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190...
- Texas Section 3868.057 - Compensation; Expenses
(a) The district may compensate each director in an amount not to exceed $150 for each board meeting. The total amount of compensation a director...
- Texas Section 3868.058 - Liability Insurance
The district may obtain and pay for comprehensive general liability insurance coverage from commercial insurance companies or other sources that protect and insure the directors...
SUBCHAPTER C POWERS AND DUTIES
- Texas Section 3868.059 - Initial Directors
(a) The initial board consists of the following directors: Pos. No.Name of Director 1Ivan Langford, Town Manager 2Alan Dickerson, Town Finance Director 3Ross Calhoun(b) Of...
- Texas Section 3868.101 - General Powers And Duties
The district has the powers and duties necessary to accomplish the purposes for which the district is created. Added by Acts 2011, 82nd Leg., R.S.,...
- Texas Section 3868.102 - Improvement Projects
The district may provide, or it may enter into contracts with a governmental or private entity to provide, the improvement projects described by Subchapter C-1...
- Texas Section 3868.103 - Water District Powers
The district has the powers provided by the general laws relating to conservation and reclamation districts created under Section 59, Article XVI, Texas Constitution, including...
- Texas Section 3868.104 - Road District Powers
The district has the powers provided by the general laws relating to road districts and road utility districts created under Section 52(b), Article III, Texas...
- Texas Section 3868.105 - Public Improvement District Powers
The district has the powers provided by Chapter 372, Local Government Code, to a municipality or county. Added by Acts 2011, 82nd Leg., R.S., Ch....
- Texas Section 3868.106 - Municipal Management District Powers
The district has the powers provided by Chapter 375, Local Government Code. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1,...
- Texas Section 3868.107 - Contract Powers
The district may contract with a governmental or private entity, on terms determined by the board, to carry out a power or duty authorized by...
- Texas Section 3868.108 - Development Corporation Powers
The district, using money available to the district, may exercise the powers given to a development corporation under Chapter 505, Local Government Code, including the...
- Texas Section 3868.109 - Nonprofit Corporation
(a) The board by resolution may authorize the creation of a nonprofit corporation to assist and act for the district in implementing a project or...
- Texas Section 3868.110 - Agreements; Grants
(a) As provided by Chapter 375, Local Government Code, the district may make an agreement with or accept a gift, grant, or loan from any...
- Texas Section 3868.111 - Membership In Charitable Organizations
The district may join and pay dues to a charitable or nonprofit organization that performs a service or provides an activity consistent with the furtherance...
- Texas Section 3868.112 - Economic Development
(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...
- Texas Section 3868.113 - Adding Or Removing Territory
As provided by Subchapter J, Chapter 49, Water Code, the board may add territory to the district, subject to Section 54.016, Water Code, or remove...
- Texas Section 3868.114 - No Eminent Domain Power
The district may not exercise the power of eminent domain. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff. September...
- Texas Section 3868.115 - No Ad Valorem Tax
The district may not impose an ad valorem tax. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff. September 1,
SUBCHAPTER C-1 IMPROVEMENT PROJECTS AND SERVICES
- Texas Section 3868.116 - No Toll Roads
The district may not construct, acquire, maintain, or operate a toll road. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1,...
- Texas Section 3868.151 - Improvement Projects And Services
The district may provide, design, construct, acquire, improve, relocate, operate, maintain, or finance an improvement project or service using money available to the district, or...
- Texas Section 3868.152 - Board Determination Required
The district may not undertake an improvement project unless the board determines the project: (1) is necessary to accomplish a public purpose of the district;...
- Texas Section 3868.153 - Location Of Improvement Project
An improvement project may be inside or outside the district. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff. September...
- Texas Section 3868.154 - Town Requirements
(a) An improvement project in the town must comply with any applicable requirements of the town, including codes and ordinances, that are consistent with the...
- Texas Section 3868.155 - Improvement Project And Service In Definable Area
The district may undertake an improvement project or service that confers a special benefit on a definable area in the district and levy and collect...
SUBCHAPTER D GENERAL FINANCIAL PROVISIONS
- Texas Section 3868.156 - Contracts
A contract to design, construct, acquire, improve, relocate, operate, maintain, or finance an improvement project is considered a contract for a good or service under...
- Texas Section 3868.201 - Borrowing Money; Obligations
(a) The district may borrow money for a district purpose by issuing bonds, notes, time warrants, or other obligations, or by entering into a contract...
- Texas Section 3868.202 - Development Agreement
Before the district borrows money or issues an obligation under Section 3868.201, the town must provide written notice to the district that no party to...
- Texas Section 3868.203 - Assessments
The district may impose an assessment on property in the district to pay for an obligation described by Section 3868.201 in the manner provided for:...
- Texas Section 3868.204 - Disbursements And Transfers Of Money
The board by resolution shall establish the number of directors' signatures and the procedure required for a disbursement or transfer of the district's money. Added...
SUBCHAPTER E DISSOLUTION
- Texas Section 3868.205 - Residential Property Not Exempt
Section 375.161, Local Government Code, does not apply to the district. Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff....
- Texas Section 3868.251 - Dissolution By Town Ordinance
(a) The town may dissolve the district by ordinance. (b) The town may not dissolve the district until: (1) the district's outstanding indebtedness or contractual...
- Texas Section 3868.252 - Collection Of Assessments And Other Revenue
(a) If the dissolved district has bonds or other obligations outstanding secured by and payable from assessments or other revenue, the town succeeds to the...
- Texas Section 3868.253 - Assumption Of Assets And Liabilities
(a) After the town dissolves the district, the town assumes the obligations of the district, including any bonds or other indebtedness payable from assessments or...
Last modified: September 28, 2016