Texas Senate Bill SB2560

Texas 2009 - 81st Regular

• Out of Senate Committee: 5/18/09

Caption

Relating to the creation of the Rowlett Downtown Management District; providing authority to impose a tax, levy an assessment, and issue bonds.

Impact

The bill emphasizes the commitment to maintaining and improving services to the district while supplementing existing services provided by the City of Rowlett and Dallas County. By enabling the district to impose property taxes and assessments, it aims to fund necessary improvements and development projects that can foster community engagement and economic activity. Furthermore, the district is declared to act in the public interest, focusing on providing public services that contribute to the local economy.

Summary

Senate Bill 2560 proposes the creation of the Rowlett Downtown Management District, which grants the district authority to impose taxes, levy assessments, and issue bonds. The primary aim of the district is to promote economic development, enhance public welfare, and stimulate employment in the downtown area of Rowlett, Texas. This establishment is seen as a strategic move to ensure the region's growth through enhanced management of local resources and improvements in infrastructure.

Contention

While the overarching goals of the bill center on community improvement and economic growth, potential points of contention may arise regarding the taxation and assessment powers authorized by the bill. Stakeholders may have differing views on the implications of these financial provisions, specifically who benefits from the projects funded by such taxes and how they might impact property values and local businesses. Additionally, the limitation placed on eminent domain powers signifies an attempt to balance developmental goals with resident protection, though it may still raise concerns among property owners regarding any impacts on land use and management.