Texas § SD.3884.160 - DEVELOPMENT AND OPERATING AGREEMENT REQUIRED
Full text of Texas The Texas Constitution § SD.3884.160 — DEVELOPMENT AND OPERATING AGREEMENT REQUIRED, with citation guidance and answers to common questions.
§ SD.3884.160. DEVELOPMENT AND OPERATING AGREEMENT REQUIRED
DEVELOPMENT AND OPERATING AGREEMENT REQUIRED. (a) After the district's board is organized, but before the district may undertake any improvement project, issue bonds, impose taxes, levy assessments or fees, or borrow money, the district and the city must negotiate and execute a mutually approved and accepted development and operating agreement, including any limitations imposed by the city, regarding the plans and rules for: (1) the exercise of the powers granted to the district under this chapter, including the organization, development, and operation of the district; (2) the selection and description of improvement projects that may be undertaken and financed by the district and the ownership, operation, and maintenance of those projects; (3) the terms, conditions, methods, means, and amounts of financing authorized by this chapter that the district may use in providing improvement projects; and (4) the amounts, methods, and times of reimbursement to the city for costs and expenses, if any, incurred by the city with respect to the development and operation of the district and the financing of improvement projects by the district. (b) An agreement authorized by this section is not effective until its terms and execution are approved by the board and the governing body of the city by resolution. Added by Acts 2009, 81st Leg., R.S., Ch. 866 (S.B. 2501 ), Sec. 1, eff. June 19, 2009. SUBCHAPTER E. DISSOLUTION
Frequently Asked Questions About Texas § SD.3884.160
What does The Texas Constitution § SD.3884.160 cover?
Section SD.3884.160 ("DEVELOPMENT AND OPERATING AGREEMENT REQUIRED") 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.3884.160?
A common citation format is "The Texas Constitution § SD.3884.160" (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.3884.160 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.