Texas § SD.3846.263 - AGREEMENTS TO IMPLEMENT PLANS
Full text of Texas The Texas Constitution § SD.3846.263 — AGREEMENTS TO IMPLEMENT PLANS, with citation guidance and answers to common questions.
§ SD.3846.263. AGREEMENTS TO IMPLEMENT PLANS
AGREEMENTS TO IMPLEMENT PLANS. (a) The board and the governing body each may enter into any agreement considered necessary or convenient to implement a project plan and development zone financing plan and achieve their purposes. (b) An agreement may provide for the regulation or restriction of the use of land by imposing conditions, restrictions, or covenants that run with the land. (c) An agreement may provide that a restriction adopted by the governing body continues in effect after the termination of the development zone. (d) The district and the development zone may agree that the district will provide administration, management, investment, accounting, and other services for the zone in consideration for an administrative fee not to exceed five percent of the gross revenue of the development zone and for the benefits received by the district through the implementation of the project plan for the zone. The district may pledge all or part of the proceeds of its sales and use tax to secure and pay any bonds or other financial obligations of a development zone on approval of the board subject to Section 3846.164 . Added by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969 ), Sec. 21.036, eff. September 1, 2009.
Frequently Asked Questions About Texas § SD.3846.263
What does The Texas Constitution § SD.3846.263 cover?
Section SD.3846.263 ("AGREEMENTS TO IMPLEMENT PLANS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § SD.3846.263?
A common citation format is "The Texas Constitution § SD.3846.263" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § SD.3846.263 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.