Texas 2021 - 87th Regular

Texas House Bill HB4629 Compare Versions

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11 87R19886 SMT-F
22 By: Stucky H.B. No. 4629
3+ Substitute the following for H.B. No. 4629:
4+ By: J. Johnson of Harris C.S.H.B. No. 4629
35
46
57 A BILL TO BE ENTITLED
68 AN ACT
79 relating to the creation of the Agora Municipal Management District
810 No. 1; providing authority to issue bonds; providing authority to
911 impose assessments, fees, and taxes.
1012 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1113 SECTION 1. Subtitle C, Title 4, Special District Local Laws
1214 Code, is amended by adding Chapter 3997 to read as follows:
1315 CHAPTER 3997. AGORA MUNICIPAL MANAGEMENT DISTRICT NO. 1
1416 SUBCHAPTER A. GENERAL PROVISIONS
1517 Sec. 3997.0101. DEFINITIONS. In this chapter:
1618 (1) "Board" means the district's board of directors.
1719 (2) "City" means the City of Corinth.
1820 (3) "Director" means a board member.
1921 (4) "District" means the Agora Municipal Management
2022 District No. 1.
2123 Sec. 3997.0102. NATURE OF DISTRICT. The Agora Municipal
2224 Management District No. 1 is a special district created under
2325 Section 59, Article XVI, Texas Constitution.
2426 Sec. 3997.0103. PURPOSE; DECLARATION OF INTENT. (a) The
2527 creation of the district is essential to accomplish the purposes of
2628 Sections 52 and 52-a, Article III, and Section 59, Article XVI,
2729 Texas Constitution, and other public purposes stated in this
2830 chapter.
2931 (b) By creating the district and in authorizing the city and
3032 other political subdivisions to contract with the district, the
3133 legislature has established a program to accomplish the public
3234 purposes set out in Section 52-a, Article III, Texas Constitution.
3335 (c) The creation of the district is necessary to promote,
3436 develop, encourage, and maintain employment, commerce,
3537 transportation, housing, tourism, recreation, the arts,
3638 entertainment, economic development, safety, and the public
3739 welfare in the district.
3840 (d) This chapter and the creation of the district may not be
3941 interpreted to relieve the city from providing the level of
4042 services provided as of the effective date of the Act enacting this
4143 chapter to the area in the district. The district is created to
4244 supplement and not to supplant city services provided in the
4345 district.
4446 Sec. 3997.0104. FINDINGS OF BENEFIT AND PUBLIC PURPOSE.
4547 (a) All land and other property included in the district will
4648 benefit from the improvements and services to be provided by the
4749 district under powers conferred by Sections 52 and 52-a, Article
4850 III, and Section 59, Article XVI, Texas Constitution, and other
4951 powers granted under this chapter.
5052 (b) The district is created to serve a public use and
5153 benefit.
5254 (c) The creation of the district is in the public interest
5355 and is essential to further the public purposes of:
5456 (1) developing and diversifying the economy of the
5557 state;
5658 (2) eliminating unemployment and underemployment; and
5759 (3) developing or expanding transportation and
5860 commerce.
5961 (d) The district will:
6062 (1) promote the health, safety, and general welfare of
6163 residents, employers, potential employees, employees, visitors,
6264 and consumers in the district, and of the public;
6365 (2) provide needed funding for the district to
6466 preserve, maintain, and enhance the economic health and vitality of
6567 the district territory as a community and business center;
6668 (3) promote the health, safety, welfare, and enjoyment
6769 of the public by providing parks, open spaces, and pedestrian ways
6870 and by landscaping and developing certain areas in the district,
6971 which are necessary for the restoration, preservation, and
7072 enhancement of scenic beauty; and
7173 (4) provide for water, wastewater, drainage, road, and
7274 recreational facilities for the district.
7375 (e) Pedestrian ways along or across a street, whether at
7476 grade or above or below the surface, and street lighting, street
7577 landscaping, parking, and street art objects are parts of and
7678 necessary components of a street and are considered to be a street
7779 or road improvement.
7880 (f) The district will not act as the agent or
7981 instrumentality of any private interest even though the district
8082 will benefit many private interests as well as the public.
8183 Sec. 3997.0105. INITIAL DISTRICT TERRITORY. (a) The
8284 district is initially composed of the territory described by
8385 Section 2 of the Act enacting this chapter.
8486 (b) The boundaries and field notes contained in Section 2 of
8587 the Act enacting this chapter form a closure. A mistake in the
8688 field notes or in copying the field notes in the legislative process
8789 does not affect the district's:
8890 (1) organization, existence, or validity;
8991 (2) right to issue any type of bonds for the purposes
9092 for which the district is created or to pay the principal of and
9193 interest on the bonds;
9294 (3) right to impose or collect an assessment or tax; or
9395 (4) legality or operation.
9496 Sec. 3997.0106. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES.
9597 All or any part of the area of the district is eligible to be
9698 included in:
9799 (1) a tax increment reinvestment zone created under
98100 Chapter 311, Tax Code; or
99101 (2) a tax abatement reinvestment zone created under
100102 Chapter 312, Tax Code.
101103 Sec. 3997.0107. APPLICABILITY OF MUNICIPAL MANAGEMENT
102104 DISTRICTS LAW. Except as otherwise provided by this chapter,
103105 Chapter 375, Local Government Code, applies to the district.
104106 Sec. 3997.0108. CONSTRUCTION OF CHAPTER. This chapter
105107 shall be liberally construed in conformity with the findings and
106108 purposes stated in this chapter.
107109 SUBCHAPTER B. BOARD OF DIRECTORS
108110 Sec. 3997.0201. GOVERNING BODY; TERMS. (a) The district is
109111 governed by a board of five directors appointed in the manner
110112 provided by Section 3997.0202.
111113 (b) Directors serve staggered terms of four years.
112114 Sec. 3997.0202. APPOINTMENT AND REMOVAL OF DIRECTORS. (a)
113115 The governing body of the city shall appoint directors to the board.
114116 (b) The governing body of the city may not appoint a person
115117 to serve as a director if after the appointment fewer than three of
116118 the directors would reside in the city.
117119 (c) The governing body of the city may remove a director.
118120 Sec. 3997.0203. EX OFFICIO DIRECTORS. (a) The city
119121 manager, city director of economic development, and city director
120122 of finance serve as nonvoting ex officio directors.
121123 (b) An ex officio director is entitled to speak on any
122124 matter before the board.
123125 (c) An ex officio director is entitled to receive the same
124126 notices and information as a voting director.
125127 (d) If an office described by Subsection (a) is renamed,
126128 changed, or abolished, the governing body of the city may appoint to
127129 serve as a nonvoting ex officio director another officer or
128130 employee who performs duties comparable to those performed by the
129131 officer or employee described by Subsection (a).
130132 (e) The city manager, city director of economic
131133 development, or city director of finance may appoint a designee to
132134 serve under this section in place of that person.
133135 (f) An ex officio director is not counted as a director for
134136 purposes of establishing a quorum.
135137 (g) Section 375.063, Local Government Code, does not apply
136138 to an ex officio director.
137139 Sec. 3997.0204. VACANCY. The governing body of the city
138140 shall fill a vacancy on the board for the remainder of the unexpired
139141 term.
140142 Sec. 3997.0205. DIRECTOR'S OATH OR AFFIRMATION. (a) A
141143 director shall file the director's oath or affirmation of office
142144 with the district. The district shall retain the oath or
143145 affirmation in the district records.
144146 (b) A director shall file a copy of the director's oath or
145147 affirmation with the secretary of the city.
146148 Sec. 3997.0206. COMPENSATION; EXPENSES. A director is not
147149 entitled to compensation, but is entitled to reimbursement for
148150 necessary and reasonable expenses incurred in carrying out the
149151 duties and responsibilities of the board.
150152 Sec. 3997.0207. INITIAL DIRECTORS. Notwithstanding
151153 Section 3997.0201(b), the governing body of the city shall
152154 designate three initial directors to serve terms that expire June
153155 1, 2023, and two initial directors to serve terms that expire June
154156 1, 2025.
155157 SUBCHAPTER C. POWERS AND DUTIES
156158 Sec. 3997.0301. GENERAL POWERS AND DUTIES. The district
157159 has the powers and duties necessary to accomplish the purposes for
158160 which the district is created.
159161 Sec. 3997.0302. DEVELOPMENT AGREEMENT. The city, the
160162 district, and any other entities the city determines are necessary
161163 to the agreement may execute a development agreement if approved by
162164 the city and the district.
163165 Sec. 3997.0303. IMPROVEMENT PROJECTS AND SERVICES. (a) The
164166 district, using any money available to the district for the
165167 purpose, may provide, design, construct, acquire, improve,
166168 relocate, operate, maintain, or finance an improvement project or
167169 service authorized under this chapter or Chapter 372 or 375, Local
168170 Government Code, including parks and open spaces.
169171 (b) The district may contract with a governmental or private
170172 entity to carry out an action under Subsection (a).
171173 (c) The implementation of a district project or service is a
172174 governmental function or service for the purposes of Chapter 791,
173175 Government Code.
174176 Sec. 3997.0304. NONPROFIT CORPORATION. (a) The board by
175177 resolution may authorize the creation of a nonprofit corporation to
176178 assist and act for the district in implementing a project or
177179 providing a service authorized by this chapter.
178180 (b) The nonprofit corporation:
179181 (1) has each power of and is considered to be a local
180182 government corporation created under Subchapter D, Chapter 431,
181183 Transportation Code; and
182184 (2) may implement any project and provide any service
183185 authorized by this chapter.
184186 (c) The board shall appoint the board of directors of the
185187 nonprofit corporation. The board of directors of the nonprofit
186188 corporation shall serve in the same manner as the board of directors
187189 of a local government corporation created under Subchapter D,
188190 Chapter 431, Transportation Code, except that a board member is not
189191 required to reside in the district.
190192 Sec. 3997.0305. MEMBERSHIP IN CHARITABLE ORGANIZATIONS.
191193 The district may join and pay dues to a charitable or nonprofit
192194 organization that performs a service or provides an activity
193195 consistent with the furtherance of a district purpose.
194196 Sec. 3997.0306. ECONOMIC DEVELOPMENT PROGRAMS. (a) The
195197 district may engage in activities that accomplish the economic
196198 development purposes of the district.
197199 (b) The district may establish and provide for the
198200 administration of one or more programs to promote state or local
199201 economic development and to stimulate business and commercial
200202 activity in the district, including programs to:
201203 (1) make loans and grants of public money; and
202204 (2) provide district personnel and services.
203205 (c) The district may create economic development programs
204206 and exercise the economic development powers provided to
205207 municipalities by:
206208 (1) Chapter 380, Local Government Code; and
207209 (2) Subchapter A, Chapter 1509, Government Code.
208210 Sec. 3997.0307. PARKING FACILITIES. (a) The district may
209211 acquire, lease as lessor or lessee, construct, develop, own,
210212 operate, and maintain parking facilities or a system of parking
211213 facilities, including lots, garages, parking terminals, or other
212214 structures or accommodations for parking motor vehicles off the
213215 streets and related appurtenances.
214216 (b) The district's parking facilities serve the public
215217 purposes of the district and are owned, used, and held for a public
216218 purpose even if leased or operated by a private entity for a term of
217219 years.
218220 (c) The district's parking facilities are parts of and
219221 necessary components of a street and are considered to be a street
220222 or road improvement.
221223 (d) The development and operation of the district's parking
222224 facilities may be considered an economic development program.
223225 Sec. 3997.0308. ADDING OR EXCLUDING LAND. The district may
224226 add or exclude land in the manner provided by Subchapter J, Chapter
225227 49, Water Code, or by Subchapter H, Chapter 54, Water Code.
226228 Sec. 3997.0309. DISBURSEMENTS AND TRANSFERS OF MONEY OR
227229 OTHER ASSETS. The board by resolution shall establish the number of
228230 directors' signatures and the procedure required for a disbursement
229231 or transfer of district money or other assets.
230232 Sec. 3997.0310. CERTAIN RESIDENTIAL PROPERTY NOT EXEMPT.
231233 Section 375.161, Local Government Code, does not apply to the
232234 district.
233235 Sec. 3997.0311. NO EMINENT DOMAIN POWER. The district may
234236 not exercise the power of eminent domain.
235237 SUBCHAPTER D. ASSESSMENTS
236238 Sec. 3997.0401. PETITION REQUIRED FOR FINANCING SERVICES
237239 AND IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a
238240 service or improvement project with assessments under this chapter
239241 unless a written petition requesting that service or improvement
240242 has been filed with the board.
241243 (b) A petition filed under Subsection (a) must be signed by
242244 the owners of a majority of the assessed value of real property in
243245 the district subject to assessment according to the most recent
244246 certified tax appraisal roll for the county.
245247 Sec. 3997.0402. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a)
246248 The board by resolution may impose and collect an assessment for any
247249 purpose authorized by this chapter in all or any part of the
248250 district.
249251 (b) An assessment, a reassessment, or an assessment
250252 resulting from an addition to or correction of the assessment roll
251253 by the district, penalties and interest on an assessment or
252254 reassessment, an expense of collection, and reasonable attorney's
253255 fees incurred by the district:
254256 (1) are a first and prior lien against the property
255257 assessed;
256258 (2) are superior to any other lien or claim other than
257259 a lien or claim for county, school district, or municipal ad valorem
258260 taxes; and
259261 (3) are the personal liability of and a charge against
260262 the owners of the property even if the owners are not named in the
261263 assessment proceedings.
262264 (c) The lien is effective from the date of the board's
263265 resolution imposing the assessment until the date the assessment is
264266 paid. The board may enforce the lien in the same manner that the
265267 board may enforce an ad valorem tax lien against real property.
266268 (d) The board may make a correction to or deletion from the
267269 assessment roll that does not increase the amount of assessment of
268270 any parcel of land without providing notice and holding a hearing in
269271 the manner required for additional assessments.
270272 SUBCHAPTER E. TAXES AND BONDS
271273 Sec. 3997.0501. TAX ELECTION REQUIRED. (a) The district
272274 must hold an election in the manner provided by Chapter 49, Water
273275 Code, or, if applicable, Chapter 375, Local Government Code, to
274276 obtain voter approval before the district may impose an ad valorem
275277 tax.
276278 (b) Section 375.243, Local Government Code, does not apply
277279 to the district.
278280 Sec. 3997.0502. OPERATION AND MAINTENANCE TAX. (a) If
279281 authorized by a majority of the district voters voting at an
280282 election under Section 3997.0501, the district may impose an
281283 operation and maintenance tax on taxable property in the district
282284 in the manner provided by Section 49.107, Water Code, for any
283285 district purpose, including to:
284286 (1) maintain and operate the district;
285287 (2) construct or acquire improvements; or
286288 (3) provide a service.
287289 (b) The board shall determine the operation and maintenance
288290 tax rate. The rate may not exceed the rate approved at the
289291 election.
290292 Sec. 3997.0503. AUTHORITY TO BORROW MONEY AND TO ISSUE
291293 BONDS AND OTHER OBLIGATIONS. (a) The district may borrow money on
292294 terms determined by the board.
293295 (b) The district may issue bonds, notes, or other
294296 obligations payable wholly or partly from ad valorem taxes,
295297 assessments, impact fees, revenue, contract payments, grants, or
296298 other district money, or any combination of those sources of money,
297299 to pay for any authorized district purpose.
298300 (c) The district may issue, by public or private sale,
299301 bonds, notes, or other obligations payable wholly or partly from ad
300302 valorem taxes or assessments in the manner provided by Subchapter
301303 A, Chapter 372, Local Government Code, if the improvements financed
302304 by an obligation issued under this section will be conveyed to or
303305 operated and maintained by a municipality or other retail utility
304306 provider pursuant to an agreement with the district entered into
305307 before the issuance of the obligation.
306308 Sec. 3997.0504. BONDS SECURED BY REVENUE OR CONTRACT
307309 PAYMENTS. The district may issue, without an election, bonds
308310 secured by:
309311 (1) revenue other than ad valorem taxes, including
310312 contract revenues; or
311313 (2) contract payments, provided that the requirements
312314 of Section 49.108, Water Code, have been met.
313315 Sec. 3997.0505. BONDS SECURED BY AD VALOREM TAXES;
314316 ELECTIONS. (a) If authorized at an election under Section
315317 3997.0501, the district may issue bonds payable from ad valorem
316318 taxes.
317319 (b) At the time the district issues bonds payable wholly or
318320 partly from ad valorem taxes, the board shall provide for the annual
319321 imposition of a continuing direct annual ad valorem tax, without
320322 limit as to rate or amount, for each year that all or part of the
321323 bonds are outstanding as required and in the manner provided by
322324 Sections 54.601 and 54.602, Water Code.
323325 (c) All or any part of any facilities or improvements that
324326 may be acquired by a district by the issuance of its bonds may be
325327 submitted as a single proposition or as several propositions to be
326328 voted on at the election.
327329 Sec. 3997.0506. CONSENT OF MUNICIPALITY REQUIRED. (a) The
328330 board may not issue bonds until each municipality in whose
329331 corporate limits or extraterritorial jurisdiction the district is
330332 located has consented by ordinance or resolution to the creation of
331333 the district and to the inclusion of land in the district.
332334 (b) This section applies only to the district's first
333335 issuance of bonds payable from ad valorem taxes.
334336 SECTION 2. The Agora Municipal Management District No. 1
335337 initially includes all territory contained in the following area:
336338 BEING 10.479 acres of land located in the J. WALTON SURVEY, Abstract
337339 No. 1389, City of Corinth, Denton County, Texas, and being the same
338340 tract of land conveyed to Anchor City Investments, LLC, by the deed
339341 recorded in Instrument No. 2006-90896, of the Deed Records of
340342 Denton County, Texas. Said 10.479 acres of land being more
341343 particularly described by metes and bounds as follows:
342344 BEGINNING at a 1/2" iron rod found at the Northwest corner of Lot 1,
343345 Block A, Corinth Medical Center, an addition to the City of Corinth
344346 according to the plat recorded in Instrument No. 2013-52, of the
345347 Plat Records of Denton County, Texas, and said point lying in the
346348 South right-of-way line of Walton Road (a 60 foot wide public
347349 right-of-way);
348350 THENCE S 13° 19' 57" E 587.40 feet, along the East boundary line of
349351 said Anchor City Investments Tract and the West boundary line of
350352 said Lot 1, Block A, to a 5/8" iron rod found at the Southeast corner
351353 of said Anchor City Investments Tract and the Southwest corner of
352354 said Lot 1, Block A, and said point lying in a curve to the left in
353355 the North Right-of-way line of Corinth Parkway (a variable width
354356 public right-of-way);
355357 THENCE along the North right-of-way line of said Corinth Parkway,
356358 and the South boundary line of said Anchor City Investments Tract,
357359 as follows:
358360 1. SOUTHWESTERLY 55.02 feet, along said curve to the left, having
359361 a radius of 2,542.00 feet, a central angle of 01° 14' 24", and a
360362 chord bearing S 63° 50' 46" W 55.01 feet, to a 1/2" iron rod marked
361363 found, at the end of said curve;
362364 2. S 79° 53' 43" w 152.91 feet, to a 5/8" iron rod marked "Carter &
363365 Burgess" found lying at the beginning of another curve to the left;
364366 3. SOUTHWESTERLY 225.31 feet, along said curve to the left, having
365367 a radius of 2,590.00 feet, a central angle of 04° 59' 04", and a
366368 chord bearing S 57° 31' 42" W 225.24 feet, to an "X" cut in a concrete
367369 utility vault, set at the end of said curve, and said point lying in
368370 a curve to the right in the East boundary line of a tract of land
369371 (formerly the M.K.T. Railway) conveyed to the City of Denton by the
370372 deed recorded in Instrument No. 93-0058485 of the Deed Records of
371373 Denton County, Texas;
372374 THENCE along the West boundary line of said Anchor City Investments
373375 Tract and the East boundary line of said City of Denton Tract, as
374376 follows:
375377 1. NORTHWESTERLY 302.73 feet, along said curve to the right,
376378 having a radius of 1,937.96 feet, a central angle of 08° 57' 01", and
377379 a chord bearing N 43° 49' 18" W 302.42 feet, to a 1/2" iron rod found
378380 at the end of said curve;
379381 2. N 39° 16' 15" w 675.17 feet, to a 1/2" iron rod found, at the
380382 Northwest corner of said Anchor City Investments Tract and said
381383 point lying in the South right-of-way line of the aforesaid Walton
382384 Road;
383385 3. THENCE N 89° 49' 39" E 891.27 feet, along the North boundary line
384386 of said Anchor City Investments Tract and the South right-of-way
385387 line of said Walton Road, to the POINT OF BEGINNING containing
386388 10.479 acres (456,953 square feet) of land
387389 SECTION 3. (a) The legal notice of the intention to
388390 introduce this Act, setting forth the general substance of this
389391 Act, has been published as provided by law, and the notice and a
390392 copy of this Act have been furnished to all persons, agencies,
391393 officials, or entities to which they are required to be furnished
392394 under Section 59, Article XVI, Texas Constitution, and Chapter 313,
393395 Government Code.
394396 (b) The governor, one of the required recipients, has
395397 submitted the notice and Act to the Texas Commission on
396398 Environmental Quality.
397399 (c) The Texas Commission on Environmental Quality has filed
398400 its recommendations relating to this Act with the governor,
399401 lieutenant governor, and speaker of the house of representatives
400402 within the required time.
401403 (d) All requirements of the constitution and laws of this
402404 state and the rules and procedures of the legislature with respect
403405 to the notice, introduction, and passage of this Act have been
404406 fulfilled and accomplished.
405407 SECTION 4. This Act takes effect immediately if it receives
406408 a vote of two-thirds of all the members elected to each house, as
407409 provided by Section 39, Article III, Texas Constitution. If this
408410 Act does not receive the vote necessary for immediate effect, this
409411 Act takes effect September 1, 2021.