3 | 5 | | |
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4 | 6 | | |
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5 | 7 | | A BILL TO BE ENTITLED |
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6 | 8 | | AN ACT |
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7 | 9 | | relating to the creation of the Agora Municipal Management District |
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8 | 10 | | No. 1; providing authority to issue bonds; providing authority to |
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9 | 11 | | impose assessments, fees, and taxes. |
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10 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 13 | | SECTION 1. Subtitle C, Title 4, Special District Local Laws |
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12 | 14 | | Code, is amended by adding Chapter 3997 to read as follows: |
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13 | 15 | | CHAPTER 3997. AGORA MUNICIPAL MANAGEMENT DISTRICT NO. 1 |
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14 | 16 | | SUBCHAPTER A. GENERAL PROVISIONS |
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15 | 17 | | Sec. 3997.0101. DEFINITIONS. In this chapter: |
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16 | 18 | | (1) "Board" means the district's board of directors. |
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17 | 19 | | (2) "City" means the City of Corinth. |
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18 | 20 | | (3) "Director" means a board member. |
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19 | 21 | | (4) "District" means the Agora Municipal Management |
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20 | 22 | | District No. 1. |
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21 | 23 | | Sec. 3997.0102. NATURE OF DISTRICT. The Agora Municipal |
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22 | 24 | | Management District No. 1 is a special district created under |
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23 | 25 | | Section 59, Article XVI, Texas Constitution. |
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24 | 26 | | Sec. 3997.0103. PURPOSE; DECLARATION OF INTENT. (a) The |
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25 | 27 | | creation of the district is essential to accomplish the purposes of |
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26 | 28 | | Sections 52 and 52-a, Article III, and Section 59, Article XVI, |
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27 | 29 | | Texas Constitution, and other public purposes stated in this |
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28 | 30 | | chapter. |
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29 | 31 | | (b) By creating the district and in authorizing the city and |
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30 | 32 | | other political subdivisions to contract with the district, the |
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31 | 33 | | legislature has established a program to accomplish the public |
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32 | 34 | | purposes set out in Section 52-a, Article III, Texas Constitution. |
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33 | 35 | | (c) The creation of the district is necessary to promote, |
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34 | 36 | | develop, encourage, and maintain employment, commerce, |
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35 | 37 | | transportation, housing, tourism, recreation, the arts, |
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36 | 38 | | entertainment, economic development, safety, and the public |
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37 | 39 | | welfare in the district. |
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38 | 40 | | (d) This chapter and the creation of the district may not be |
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39 | 41 | | interpreted to relieve the city from providing the level of |
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40 | 42 | | services provided as of the effective date of the Act enacting this |
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41 | 43 | | chapter to the area in the district. The district is created to |
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42 | 44 | | supplement and not to supplant city services provided in the |
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43 | 45 | | district. |
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44 | 46 | | Sec. 3997.0104. FINDINGS OF BENEFIT AND PUBLIC PURPOSE. |
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45 | 47 | | (a) All land and other property included in the district will |
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46 | 48 | | benefit from the improvements and services to be provided by the |
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47 | 49 | | district under powers conferred by Sections 52 and 52-a, Article |
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48 | 50 | | III, and Section 59, Article XVI, Texas Constitution, and other |
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49 | 51 | | powers granted under this chapter. |
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50 | 52 | | (b) The district is created to serve a public use and |
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51 | 53 | | benefit. |
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52 | 54 | | (c) The creation of the district is in the public interest |
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53 | 55 | | and is essential to further the public purposes of: |
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54 | 56 | | (1) developing and diversifying the economy of the |
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55 | 57 | | state; |
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56 | 58 | | (2) eliminating unemployment and underemployment; and |
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57 | 59 | | (3) developing or expanding transportation and |
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58 | 60 | | commerce. |
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59 | 61 | | (d) The district will: |
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60 | 62 | | (1) promote the health, safety, and general welfare of |
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61 | 63 | | residents, employers, potential employees, employees, visitors, |
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62 | 64 | | and consumers in the district, and of the public; |
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63 | 65 | | (2) provide needed funding for the district to |
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64 | 66 | | preserve, maintain, and enhance the economic health and vitality of |
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65 | 67 | | the district territory as a community and business center; |
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66 | 68 | | (3) promote the health, safety, welfare, and enjoyment |
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67 | 69 | | of the public by providing parks, open spaces, and pedestrian ways |
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68 | 70 | | and by landscaping and developing certain areas in the district, |
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69 | 71 | | which are necessary for the restoration, preservation, and |
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70 | 72 | | enhancement of scenic beauty; and |
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71 | 73 | | (4) provide for water, wastewater, drainage, road, and |
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72 | 74 | | recreational facilities for the district. |
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73 | 75 | | (e) Pedestrian ways along or across a street, whether at |
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74 | 76 | | grade or above or below the surface, and street lighting, street |
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75 | 77 | | landscaping, parking, and street art objects are parts of and |
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76 | 78 | | necessary components of a street and are considered to be a street |
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77 | 79 | | or road improvement. |
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78 | 80 | | (f) The district will not act as the agent or |
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79 | 81 | | instrumentality of any private interest even though the district |
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80 | 82 | | will benefit many private interests as well as the public. |
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81 | 83 | | Sec. 3997.0105. INITIAL DISTRICT TERRITORY. (a) The |
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82 | 84 | | district is initially composed of the territory described by |
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83 | 85 | | Section 2 of the Act enacting this chapter. |
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84 | 86 | | (b) The boundaries and field notes contained in Section 2 of |
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85 | 87 | | the Act enacting this chapter form a closure. A mistake in the |
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86 | 88 | | field notes or in copying the field notes in the legislative process |
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87 | 89 | | does not affect the district's: |
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88 | 90 | | (1) organization, existence, or validity; |
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89 | 91 | | (2) right to issue any type of bonds for the purposes |
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90 | 92 | | for which the district is created or to pay the principal of and |
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91 | 93 | | interest on the bonds; |
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92 | 94 | | (3) right to impose or collect an assessment or tax; or |
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93 | 95 | | (4) legality or operation. |
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94 | 96 | | Sec. 3997.0106. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES. |
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95 | 97 | | All or any part of the area of the district is eligible to be |
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96 | 98 | | included in: |
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97 | 99 | | (1) a tax increment reinvestment zone created under |
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98 | 100 | | Chapter 311, Tax Code; or |
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99 | 101 | | (2) a tax abatement reinvestment zone created under |
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100 | 102 | | Chapter 312, Tax Code. |
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101 | 103 | | Sec. 3997.0107. APPLICABILITY OF MUNICIPAL MANAGEMENT |
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102 | 104 | | DISTRICTS LAW. Except as otherwise provided by this chapter, |
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103 | 105 | | Chapter 375, Local Government Code, applies to the district. |
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104 | 106 | | Sec. 3997.0108. CONSTRUCTION OF CHAPTER. This chapter |
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105 | 107 | | shall be liberally construed in conformity with the findings and |
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106 | 108 | | purposes stated in this chapter. |
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107 | 109 | | SUBCHAPTER B. BOARD OF DIRECTORS |
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108 | 110 | | Sec. 3997.0201. GOVERNING BODY; TERMS. (a) The district is |
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109 | 111 | | governed by a board of five directors appointed in the manner |
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110 | 112 | | provided by Section 3997.0202. |
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111 | 113 | | (b) Directors serve staggered terms of four years. |
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112 | 114 | | Sec. 3997.0202. APPOINTMENT AND REMOVAL OF DIRECTORS. (a) |
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113 | 115 | | The governing body of the city shall appoint directors to the board. |
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114 | 116 | | (b) The governing body of the city may not appoint a person |
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115 | 117 | | to serve as a director if after the appointment fewer than three of |
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116 | 118 | | the directors would reside in the city. |
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117 | 119 | | (c) The governing body of the city may remove a director. |
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118 | 120 | | Sec. 3997.0203. EX OFFICIO DIRECTORS. (a) The city |
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119 | 121 | | manager, city director of economic development, and city director |
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120 | 122 | | of finance serve as nonvoting ex officio directors. |
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121 | 123 | | (b) An ex officio director is entitled to speak on any |
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122 | 124 | | matter before the board. |
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123 | 125 | | (c) An ex officio director is entitled to receive the same |
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124 | 126 | | notices and information as a voting director. |
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125 | 127 | | (d) If an office described by Subsection (a) is renamed, |
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126 | 128 | | changed, or abolished, the governing body of the city may appoint to |
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127 | 129 | | serve as a nonvoting ex officio director another officer or |
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128 | 130 | | employee who performs duties comparable to those performed by the |
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129 | 131 | | officer or employee described by Subsection (a). |
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130 | 132 | | (e) The city manager, city director of economic |
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131 | 133 | | development, or city director of finance may appoint a designee to |
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132 | 134 | | serve under this section in place of that person. |
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133 | 135 | | (f) An ex officio director is not counted as a director for |
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134 | 136 | | purposes of establishing a quorum. |
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135 | 137 | | (g) Section 375.063, Local Government Code, does not apply |
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136 | 138 | | to an ex officio director. |
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137 | 139 | | Sec. 3997.0204. VACANCY. The governing body of the city |
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138 | 140 | | shall fill a vacancy on the board for the remainder of the unexpired |
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139 | 141 | | term. |
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140 | 142 | | Sec. 3997.0205. DIRECTOR'S OATH OR AFFIRMATION. (a) A |
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141 | 143 | | director shall file the director's oath or affirmation of office |
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142 | 144 | | with the district. The district shall retain the oath or |
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143 | 145 | | affirmation in the district records. |
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144 | 146 | | (b) A director shall file a copy of the director's oath or |
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145 | 147 | | affirmation with the secretary of the city. |
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146 | 148 | | Sec. 3997.0206. COMPENSATION; EXPENSES. A director is not |
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147 | 149 | | entitled to compensation, but is entitled to reimbursement for |
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148 | 150 | | necessary and reasonable expenses incurred in carrying out the |
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149 | 151 | | duties and responsibilities of the board. |
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150 | 152 | | Sec. 3997.0207. INITIAL DIRECTORS. Notwithstanding |
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151 | 153 | | Section 3997.0201(b), the governing body of the city shall |
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152 | 154 | | designate three initial directors to serve terms that expire June |
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153 | 155 | | 1, 2023, and two initial directors to serve terms that expire June |
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154 | 156 | | 1, 2025. |
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155 | 157 | | SUBCHAPTER C. POWERS AND DUTIES |
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156 | 158 | | Sec. 3997.0301. GENERAL POWERS AND DUTIES. The district |
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157 | 159 | | has the powers and duties necessary to accomplish the purposes for |
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158 | 160 | | which the district is created. |
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159 | 161 | | Sec. 3997.0302. DEVELOPMENT AGREEMENT. The city, the |
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160 | 162 | | district, and any other entities the city determines are necessary |
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161 | 163 | | to the agreement may execute a development agreement if approved by |
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162 | 164 | | the city and the district. |
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163 | 165 | | Sec. 3997.0303. IMPROVEMENT PROJECTS AND SERVICES. (a) The |
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164 | 166 | | district, using any money available to the district for the |
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165 | 167 | | purpose, may provide, design, construct, acquire, improve, |
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166 | 168 | | relocate, operate, maintain, or finance an improvement project or |
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167 | 169 | | service authorized under this chapter or Chapter 372 or 375, Local |
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168 | 170 | | Government Code, including parks and open spaces. |
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169 | 171 | | (b) The district may contract with a governmental or private |
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170 | 172 | | entity to carry out an action under Subsection (a). |
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171 | 173 | | (c) The implementation of a district project or service is a |
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172 | 174 | | governmental function or service for the purposes of Chapter 791, |
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173 | 175 | | Government Code. |
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174 | 176 | | Sec. 3997.0304. NONPROFIT CORPORATION. (a) The board by |
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175 | 177 | | resolution may authorize the creation of a nonprofit corporation to |
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176 | 178 | | assist and act for the district in implementing a project or |
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177 | 179 | | providing a service authorized by this chapter. |
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178 | 180 | | (b) The nonprofit corporation: |
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179 | 181 | | (1) has each power of and is considered to be a local |
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180 | 182 | | government corporation created under Subchapter D, Chapter 431, |
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181 | 183 | | Transportation Code; and |
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182 | 184 | | (2) may implement any project and provide any service |
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183 | 185 | | authorized by this chapter. |
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184 | 186 | | (c) The board shall appoint the board of directors of the |
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185 | 187 | | nonprofit corporation. The board of directors of the nonprofit |
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186 | 188 | | corporation shall serve in the same manner as the board of directors |
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187 | 189 | | of a local government corporation created under Subchapter D, |
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188 | 190 | | Chapter 431, Transportation Code, except that a board member is not |
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189 | 191 | | required to reside in the district. |
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190 | 192 | | Sec. 3997.0305. MEMBERSHIP IN CHARITABLE ORGANIZATIONS. |
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191 | 193 | | The district may join and pay dues to a charitable or nonprofit |
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192 | 194 | | organization that performs a service or provides an activity |
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193 | 195 | | consistent with the furtherance of a district purpose. |
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194 | 196 | | Sec. 3997.0306. ECONOMIC DEVELOPMENT PROGRAMS. (a) The |
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195 | 197 | | district may engage in activities that accomplish the economic |
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196 | 198 | | development purposes of the district. |
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197 | 199 | | (b) The district may establish and provide for the |
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198 | 200 | | administration of one or more programs to promote state or local |
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199 | 201 | | economic development and to stimulate business and commercial |
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200 | 202 | | activity in the district, including programs to: |
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201 | 203 | | (1) make loans and grants of public money; and |
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202 | 204 | | (2) provide district personnel and services. |
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203 | 205 | | (c) The district may create economic development programs |
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204 | 206 | | and exercise the economic development powers provided to |
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205 | 207 | | municipalities by: |
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206 | 208 | | (1) Chapter 380, Local Government Code; and |
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207 | 209 | | (2) Subchapter A, Chapter 1509, Government Code. |
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208 | 210 | | Sec. 3997.0307. PARKING FACILITIES. (a) The district may |
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209 | 211 | | acquire, lease as lessor or lessee, construct, develop, own, |
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210 | 212 | | operate, and maintain parking facilities or a system of parking |
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211 | 213 | | facilities, including lots, garages, parking terminals, or other |
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212 | 214 | | structures or accommodations for parking motor vehicles off the |
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213 | 215 | | streets and related appurtenances. |
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214 | 216 | | (b) The district's parking facilities serve the public |
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215 | 217 | | purposes of the district and are owned, used, and held for a public |
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216 | 218 | | purpose even if leased or operated by a private entity for a term of |
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217 | 219 | | years. |
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218 | 220 | | (c) The district's parking facilities are parts of and |
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219 | 221 | | necessary components of a street and are considered to be a street |
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220 | 222 | | or road improvement. |
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221 | 223 | | (d) The development and operation of the district's parking |
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222 | 224 | | facilities may be considered an economic development program. |
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223 | 225 | | Sec. 3997.0308. ADDING OR EXCLUDING LAND. The district may |
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224 | 226 | | add or exclude land in the manner provided by Subchapter J, Chapter |
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225 | 227 | | 49, Water Code, or by Subchapter H, Chapter 54, Water Code. |
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226 | 228 | | Sec. 3997.0309. DISBURSEMENTS AND TRANSFERS OF MONEY OR |
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227 | 229 | | OTHER ASSETS. The board by resolution shall establish the number of |
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228 | 230 | | directors' signatures and the procedure required for a disbursement |
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229 | 231 | | or transfer of district money or other assets. |
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230 | 232 | | Sec. 3997.0310. CERTAIN RESIDENTIAL PROPERTY NOT EXEMPT. |
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231 | 233 | | Section 375.161, Local Government Code, does not apply to the |
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232 | 234 | | district. |
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233 | 235 | | Sec. 3997.0311. NO EMINENT DOMAIN POWER. The district may |
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234 | 236 | | not exercise the power of eminent domain. |
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235 | 237 | | SUBCHAPTER D. ASSESSMENTS |
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236 | 238 | | Sec. 3997.0401. PETITION REQUIRED FOR FINANCING SERVICES |
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237 | 239 | | AND IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a |
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238 | 240 | | service or improvement project with assessments under this chapter |
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239 | 241 | | unless a written petition requesting that service or improvement |
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240 | 242 | | has been filed with the board. |
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241 | 243 | | (b) A petition filed under Subsection (a) must be signed by |
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242 | 244 | | the owners of a majority of the assessed value of real property in |
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243 | 245 | | the district subject to assessment according to the most recent |
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244 | 246 | | certified tax appraisal roll for the county. |
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245 | 247 | | Sec. 3997.0402. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a) |
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246 | 248 | | The board by resolution may impose and collect an assessment for any |
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247 | 249 | | purpose authorized by this chapter in all or any part of the |
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248 | 250 | | district. |
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249 | 251 | | (b) An assessment, a reassessment, or an assessment |
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250 | 252 | | resulting from an addition to or correction of the assessment roll |
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251 | 253 | | by the district, penalties and interest on an assessment or |
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252 | 254 | | reassessment, an expense of collection, and reasonable attorney's |
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253 | 255 | | fees incurred by the district: |
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254 | 256 | | (1) are a first and prior lien against the property |
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255 | 257 | | assessed; |
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256 | 258 | | (2) are superior to any other lien or claim other than |
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257 | 259 | | a lien or claim for county, school district, or municipal ad valorem |
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258 | 260 | | taxes; and |
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259 | 261 | | (3) are the personal liability of and a charge against |
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260 | 262 | | the owners of the property even if the owners are not named in the |
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261 | 263 | | assessment proceedings. |
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262 | 264 | | (c) The lien is effective from the date of the board's |
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263 | 265 | | resolution imposing the assessment until the date the assessment is |
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264 | 266 | | paid. The board may enforce the lien in the same manner that the |
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265 | 267 | | board may enforce an ad valorem tax lien against real property. |
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266 | 268 | | (d) The board may make a correction to or deletion from the |
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267 | 269 | | assessment roll that does not increase the amount of assessment of |
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268 | 270 | | any parcel of land without providing notice and holding a hearing in |
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269 | 271 | | the manner required for additional assessments. |
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270 | 272 | | SUBCHAPTER E. TAXES AND BONDS |
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271 | 273 | | Sec. 3997.0501. TAX ELECTION REQUIRED. (a) The district |
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272 | 274 | | must hold an election in the manner provided by Chapter 49, Water |
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273 | 275 | | Code, or, if applicable, Chapter 375, Local Government Code, to |
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274 | 276 | | obtain voter approval before the district may impose an ad valorem |
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275 | 277 | | tax. |
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276 | 278 | | (b) Section 375.243, Local Government Code, does not apply |
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277 | 279 | | to the district. |
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278 | 280 | | Sec. 3997.0502. OPERATION AND MAINTENANCE TAX. (a) If |
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279 | 281 | | authorized by a majority of the district voters voting at an |
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280 | 282 | | election under Section 3997.0501, the district may impose an |
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281 | 283 | | operation and maintenance tax on taxable property in the district |
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282 | 284 | | in the manner provided by Section 49.107, Water Code, for any |
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283 | 285 | | district purpose, including to: |
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284 | 286 | | (1) maintain and operate the district; |
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285 | 287 | | (2) construct or acquire improvements; or |
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286 | 288 | | (3) provide a service. |
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287 | 289 | | (b) The board shall determine the operation and maintenance |
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288 | 290 | | tax rate. The rate may not exceed the rate approved at the |
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289 | 291 | | election. |
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290 | 292 | | Sec. 3997.0503. AUTHORITY TO BORROW MONEY AND TO ISSUE |
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291 | 293 | | BONDS AND OTHER OBLIGATIONS. (a) The district may borrow money on |
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292 | 294 | | terms determined by the board. |
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293 | 295 | | (b) The district may issue bonds, notes, or other |
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294 | 296 | | obligations payable wholly or partly from ad valorem taxes, |
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295 | 297 | | assessments, impact fees, revenue, contract payments, grants, or |
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296 | 298 | | other district money, or any combination of those sources of money, |
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297 | 299 | | to pay for any authorized district purpose. |
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298 | 300 | | (c) The district may issue, by public or private sale, |
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299 | 301 | | bonds, notes, or other obligations payable wholly or partly from ad |
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300 | 302 | | valorem taxes or assessments in the manner provided by Subchapter |
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301 | 303 | | A, Chapter 372, Local Government Code, if the improvements financed |
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302 | 304 | | by an obligation issued under this section will be conveyed to or |
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303 | 305 | | operated and maintained by a municipality or other retail utility |
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304 | 306 | | provider pursuant to an agreement with the district entered into |
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305 | 307 | | before the issuance of the obligation. |
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306 | 308 | | Sec. 3997.0504. BONDS SECURED BY REVENUE OR CONTRACT |
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307 | 309 | | PAYMENTS. The district may issue, without an election, bonds |
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308 | 310 | | secured by: |
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309 | 311 | | (1) revenue other than ad valorem taxes, including |
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310 | 312 | | contract revenues; or |
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311 | 313 | | (2) contract payments, provided that the requirements |
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312 | 314 | | of Section 49.108, Water Code, have been met. |
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313 | 315 | | Sec. 3997.0505. BONDS SECURED BY AD VALOREM TAXES; |
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314 | 316 | | ELECTIONS. (a) If authorized at an election under Section |
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315 | 317 | | 3997.0501, the district may issue bonds payable from ad valorem |
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316 | 318 | | taxes. |
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317 | 319 | | (b) At the time the district issues bonds payable wholly or |
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318 | 320 | | partly from ad valorem taxes, the board shall provide for the annual |
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319 | 321 | | imposition of a continuing direct annual ad valorem tax, without |
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320 | 322 | | limit as to rate or amount, for each year that all or part of the |
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321 | 323 | | bonds are outstanding as required and in the manner provided by |
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322 | 324 | | Sections 54.601 and 54.602, Water Code. |
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323 | 325 | | (c) All or any part of any facilities or improvements that |
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324 | 326 | | may be acquired by a district by the issuance of its bonds may be |
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325 | 327 | | submitted as a single proposition or as several propositions to be |
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326 | 328 | | voted on at the election. |
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327 | 329 | | Sec. 3997.0506. CONSENT OF MUNICIPALITY REQUIRED. (a) The |
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328 | 330 | | board may not issue bonds until each municipality in whose |
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329 | 331 | | corporate limits or extraterritorial jurisdiction the district is |
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330 | 332 | | located has consented by ordinance or resolution to the creation of |
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331 | 333 | | the district and to the inclusion of land in the district. |
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332 | 334 | | (b) This section applies only to the district's first |
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333 | 335 | | issuance of bonds payable from ad valorem taxes. |
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334 | 336 | | SECTION 2. The Agora Municipal Management District No. 1 |
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335 | 337 | | initially includes all territory contained in the following area: |
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336 | 338 | | BEING 10.479 acres of land located in the J. WALTON SURVEY, Abstract |
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337 | 339 | | No. 1389, City of Corinth, Denton County, Texas, and being the same |
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338 | 340 | | tract of land conveyed to Anchor City Investments, LLC, by the deed |
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339 | 341 | | recorded in Instrument No. 2006-90896, of the Deed Records of |
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340 | 342 | | Denton County, Texas. Said 10.479 acres of land being more |
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341 | 343 | | particularly described by metes and bounds as follows: |
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342 | 344 | | BEGINNING at a 1/2" iron rod found at the Northwest corner of Lot 1, |
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343 | 345 | | Block A, Corinth Medical Center, an addition to the City of Corinth |
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344 | 346 | | according to the plat recorded in Instrument No. 2013-52, of the |
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345 | 347 | | Plat Records of Denton County, Texas, and said point lying in the |
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346 | 348 | | South right-of-way line of Walton Road (a 60 foot wide public |
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347 | 349 | | right-of-way); |
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348 | 350 | | THENCE S 13° 19' 57" E 587.40 feet, along the East boundary line of |
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349 | 351 | | said Anchor City Investments Tract and the West boundary line of |
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350 | 352 | | said Lot 1, Block A, to a 5/8" iron rod found at the Southeast corner |
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351 | 353 | | of said Anchor City Investments Tract and the Southwest corner of |
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352 | 354 | | said Lot 1, Block A, and said point lying in a curve to the left in |
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353 | 355 | | the North Right-of-way line of Corinth Parkway (a variable width |
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354 | 356 | | public right-of-way); |
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355 | 357 | | THENCE along the North right-of-way line of said Corinth Parkway, |
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356 | 358 | | and the South boundary line of said Anchor City Investments Tract, |
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357 | 359 | | as follows: |
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358 | 360 | | 1. SOUTHWESTERLY 55.02 feet, along said curve to the left, having |
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359 | 361 | | a radius of 2,542.00 feet, a central angle of 01° 14' 24", and a |
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360 | 362 | | chord bearing S 63° 50' 46" W 55.01 feet, to a 1/2" iron rod marked |
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361 | 363 | | found, at the end of said curve; |
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362 | 364 | | 2. S 79° 53' 43" w 152.91 feet, to a 5/8" iron rod marked "Carter & |
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363 | 365 | | Burgess" found lying at the beginning of another curve to the left; |
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364 | 366 | | 3. SOUTHWESTERLY 225.31 feet, along said curve to the left, having |
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365 | 367 | | a radius of 2,590.00 feet, a central angle of 04° 59' 04", and a |
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366 | 368 | | chord bearing S 57° 31' 42" W 225.24 feet, to an "X" cut in a concrete |
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367 | 369 | | utility vault, set at the end of said curve, and said point lying in |
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368 | 370 | | a curve to the right in the East boundary line of a tract of land |
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369 | 371 | | (formerly the M.K.T. Railway) conveyed to the City of Denton by the |
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370 | 372 | | deed recorded in Instrument No. 93-0058485 of the Deed Records of |
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371 | 373 | | Denton County, Texas; |
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372 | 374 | | THENCE along the West boundary line of said Anchor City Investments |
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373 | 375 | | Tract and the East boundary line of said City of Denton Tract, as |
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374 | 376 | | follows: |
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375 | 377 | | 1. NORTHWESTERLY 302.73 feet, along said curve to the right, |
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376 | 378 | | having a radius of 1,937.96 feet, a central angle of 08° 57' 01", and |
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377 | 379 | | a chord bearing N 43° 49' 18" W 302.42 feet, to a 1/2" iron rod found |
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378 | 380 | | at the end of said curve; |
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379 | 381 | | 2. N 39° 16' 15" w 675.17 feet, to a 1/2" iron rod found, at the |
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380 | 382 | | Northwest corner of said Anchor City Investments Tract and said |
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381 | 383 | | point lying in the South right-of-way line of the aforesaid Walton |
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382 | 384 | | Road; |
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383 | 385 | | 3. THENCE N 89° 49' 39" E 891.27 feet, along the North boundary line |
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384 | 386 | | of said Anchor City Investments Tract and the South right-of-way |
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385 | 387 | | line of said Walton Road, to the POINT OF BEGINNING containing |
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386 | 388 | | 10.479 acres (456,953 square feet) of land |
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387 | 389 | | SECTION 3. (a) The legal notice of the intention to |
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388 | 390 | | introduce this Act, setting forth the general substance of this |
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389 | 391 | | Act, has been published as provided by law, and the notice and a |
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390 | 392 | | copy of this Act have been furnished to all persons, agencies, |
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391 | 393 | | officials, or entities to which they are required to be furnished |
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392 | 394 | | under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
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393 | 395 | | Government Code. |
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394 | 396 | | (b) The governor, one of the required recipients, has |
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395 | 397 | | submitted the notice and Act to the Texas Commission on |
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396 | 398 | | Environmental Quality. |
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397 | 399 | | (c) The Texas Commission on Environmental Quality has filed |
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398 | 400 | | its recommendations relating to this Act with the governor, |
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399 | 401 | | lieutenant governor, and speaker of the house of representatives |
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400 | 402 | | within the required time. |
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401 | 403 | | (d) All requirements of the constitution and laws of this |
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402 | 404 | | state and the rules and procedures of the legislature with respect |
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403 | 405 | | to the notice, introduction, and passage of this Act have been |
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404 | 406 | | fulfilled and accomplished. |
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405 | 407 | | SECTION 4. This Act takes effect immediately if it receives |
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406 | 408 | | a vote of two-thirds of all the members elected to each house, as |
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407 | 409 | | provided by Section 39, Article III, Texas Constitution. If this |
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408 | 410 | | Act does not receive the vote necessary for immediate effect, this |
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409 | 411 | | Act takes effect September 1, 2021. |
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