Development Agreement

Tex. Special District Local Laws Code § 3966.0302, under Chapter 3966. New Park Municipal Management District.

Tex. Special District Local Laws Code § 3966.0302

Sec. 3966.0302. DEVELOPMENT AGREEMENT. (a) The city, the district, and any other entities the city determines are necessary to the agreement may execute a development agreement if approved by the city. (b) This chapter expires on the fourth anniversary of the effective date of the Act enacting this chapter if the development agreement under Subsection (a) is not executed before that date. Added by Acts 2019, 86th Leg., R.S., Ch. 562 (S.B. 2445), Sec. 1, eff. June 10, 2019.