CREATION OF URBAN RENEWAL AGENCY.
Tex. LOC. GOV'T Code § 374.022.
in effect(a) An urban renewal agency created in a municipality is a public body corporate and politic.
(b) An urban renewal agency may not transact business or exercise any powers under this chapter until the governing body of the municipality:
(1) adopts a resolution as provided by Section 374.011 ; and
(2) elects to exercise urban renewal project power through an urban renewal agency as provided by Section 374.021 (a).
