Relating to the name and powers of the Red River Redevelopment Authority.
Impact
The bill revises the existing legal texts to replace references to the Red River Redevelopment Authority with the new designation of TexAmericas Center, ensuring a seamless transition to the rebranded authority. The modifications also establish provisions that allow the authority to conduct business under an assumed name, thereby aligning it more closely with how incorporated businesses operate in Texas. This could enhance the authority’s effectiveness in attracting businesses and fostering economic growth in the region it serves.
Summary
House Bill 1012 is focused on amending the name and powers of the Red River Redevelopment Authority, officially renaming it to the TexAmericas Center. This bill makes significant adjustments to the Special District Local Laws Code, reflecting a shift in the designation of the authority while maintaining its existing powers and functionalities. Such changes are intended to clarify the identity and operational framework of the authority within the local government structure of Texas.
Contention
While the bill appears straightforward, the changes may raise questions regarding local governance and the authority's scope of influence. By redefining the name and providing the authority with the ability to operate under an assumed name, discussions may emerge surrounding the impacts on transparency and accountability. Local stakeholders might have diverse opinions on whether the rebranding effectively meets the needs of the community or merely serves administrative interests without significant benefits.
Relating to the creation of the Northeast Houston Redevelopment District; providing authority to issue bonds; providing authority to impose assessments or fees.
Relating to the authority of the TexAmericas Center to provide services to and make investments in certain business enterprises and to create certain business organizations for purposes of the center.
Relating to the authority of the TexAmericas Center to provide services to and make investments in certain business enterprises and to create certain business organizations for purposes of the center.
Relating to the San Antonio River Authority, following recommendations of the Sunset Advisory Commission; altering the terms of office of the members of the board of directors of the authority.
Relating to the creation of the River Ranch Municipal Utility District No. 1; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the San Antonio River Authority, following recommendations of the Sunset Advisory Commission; altering the terms of office of the members of the board of directors of the authority.
Relating to the creation and operation of a development zone by and the tax revenue received by The Woodlands Township; providing authority to issue bonds; providing authority to impose assessments and taxes.
Relating to the creation and operation of a development zone by and the tax revenue received by The Woodlands Township; providing authority to issue bonds; providing authority to impose assessments and taxes.