Texas § 7987.004 CONSENT OF MUNICIPALITY AND DEVELOPMENT AGREEMENT REQUIRED.

Texas Statutes

§ 7987.004 — CONSENT OF MUNICIPALITY AND DEVELOPMENT AGREEMENT REQUIRED.

Texas § 7987.004

Code SDSpecial District Local Laws Code

This text of Texas § 7987.004 (CONSENT OF MUNICIPALITY AND DEVELOPMENT AGREEMENT REQUIRED.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Special District Local Laws Code Code Ann. § 7987.004 (2026).

Text

Sec. 7987.004. CONSENT OF MUNICIPALITY AND DEVELOPMENT AGREEMENT REQUIRED.

(a)The temporary directors may not hold an election under Section 7987.003 , undertake an improvement project, impose taxes or fees, or issue bonds or otherwise borrow money until each municipality in whose corporate limits or extraterritorial jurisdiction the district is located has:

(1)consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district; and

(2)entered into a development agreement under Section 212.172 , Local Government Code, with an owner or owners of a majority of the land described by Section 2 of the Act enacting this chapter.

(b)If a development agreement described by Subsection (a)(2) has not been executed before March 1, 2019:

(1)the tempor

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Sec. 7987.004. CONSENT OF MUNICIPALITY AND DEVELOPMENT AGREEMENT REQUIRED. (a) The temporary directors may not hold an election under Section 7987.003 , undertake an improvement project, impose taxes or fees, or issue bonds or otherwise borrow money until each municipality in whose corporate limits or extraterritorial jurisdiction the district is located has:
(1) consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district; and
(2) entered into a development agreement under Section 212.172 , Local Government Code, with an owner or owners of a majority of the land described by Section 2 of the Act enacting this chapter.
(b) If a development agreement described by Subsection (a)(2) has not been executed before March 1, 2019:
(1) the temporary directors may not call a confirmation election under Section 7987.003 ;
(2) the district is dissolved; and
(3) this chapter expires March 1, 2020.