Development Agreement

Tex. Special District Local Laws Code § 3903.207, under Chapter 3903. Fulshear Town Center Management District.

Tex. Special District Local Laws Code § 3903.207

Sec. 3903.207. DEVELOPMENT AGREEMENT. The district may enter into a development agreement that requires the district to reimburse a developer for the costs associated with constructing and maintaining an improvement project. The district may use revenue from taxes and assessments to reimburse a developer under this section. Added by Acts 2011, 82nd Leg., R.S., Ch. 1191 (H.B. 3827), Sec. 1, eff. June 17, 2011. SUBCHAPTER F. DISSOLUTION