Sec. 1031.006. PUBLIC PURPOSE; TAX EXEMPTION. All property owned by the district: (1) shall be held for public purposes; and (2) is exempt from taxation of every character. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009. SUBCHAPTER B. DISTRICT ADMINISTRATION