Relating to the creation of the West Pecos Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Impact
The creation of the district allows for the financing and implementation of crucial infrastructure projects, including water, wastewater, and drainage systems. Additionally, the district is authorized to leverage taxpayer funds for economic development programs that cater specifically to the needs of the area. This includes the potential for public-private partnerships, which could further stimulate growth and create job opportunities within the district.
Summary
House Bill 4701 establishes the West Pecos Management District, a special district created to enhance local governance and economic development in the Pecos area of Reeves County, Texas. The bill provides the district with broad authority to issue bonds, impose assessments and taxes, and engage in various public improvement activities. Its primary objective is to promote commerce, transportation, tourism, and employment opportunities while simultaneously maintaining public welfare and safety.
Contention
While the bill has garnered broad support due to its emphasis on local economic improvement, there may be concerns regarding the accountability and oversight of the district's powers. The ability to impose taxes and assessments could be viewed as a burden by local property owners, as it directly affects their financial obligations. Furthermore, the potential for conflicts of interest when contracting with private entities for public services raises questions about ethics and transparency in the management of the district's operations.
Same As
Relating to the creation of the West Pecos Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of The Grand Prairie Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Liberty County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Liberty County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the West Plains Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the West Lake Ranch Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Prairie View Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Montgomery County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the authority of the Wood County Central Hospital District of Wood County, Texas, to provide brain and memory care services to residents of the hospital district through the creation and operation of brain and memory health care services districts.