DEVELOPMENT AGREEMENT, CAPITAL IMPROVEMENT PLAN, AND FINANCIAL PLAN REQUIRED.
Tex. SPEC. DIST. LOCAL LAWS Code § 3902.155.
in effectThe district may not undertake an improvement project or spend money for a project or service, including an economic development project or an expenditure for economic development incentives, unless the governing body of the city has approved:
(1) a development agreement; and
(2) a capital improvement plan and financial plan for the improvement project or expenditure.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1195 (H.B. 3859 ), Sec. 1, eff. September 1, 2011.
