Bill Text: TX HB3827 | 2011-2012 | 82nd Legislature | Enrolled
Bill Title: Relating to the creation of the Fulshear Town Center Management District; providing authority to impose an assessment, impose a tax, and issue bonds.
Sponsorship: Partisan Bill (Republican 2)
Status: (Passed) 2011-06-17 - Effective immediately [HB3827 Detail]
Download: Texas-2011-HB3827-Enrolled.html
| H.B. No. 3827 | ||
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| relating to the creation of the Fulshear Town Center Management | ||
| District; providing authority to impose an assessment, impose a | ||
| tax, and issue bonds. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subtitle C, Title 4, Special District Local Laws | ||
| Code, is amended by adding Chapter 3903 to read as follows: | ||
| CHAPTER 3903. FULSHEAR TOWN CENTER MANAGEMENT DISTRICT | ||
| SUBCHAPTER A. GENERAL PROVISIONS | ||
| Sec. 3903.001. DEFINITIONS. In this chapter: | ||
| (1) "Board" means the district's board of directors. | ||
| (2) "City" means the City of Fulshear. | ||
| (3) "County" means Fort Bend County. | ||
| (4) "Director" means a board member. | ||
| (5) "District" means the Fulshear Town Center | ||
| Management District. | ||
| Sec. 3903.002. CREATION AND NATURE OF DISTRICT. The | ||
| Fulshear Town Center Management District is a special district | ||
| created under Section 59, Article XVI, Texas Constitution. | ||
| Sec. 3903.003. PURPOSE; LEGISLATIVE FINDINGS. (a) The | ||
| creation of the district is essential to accomplish the purposes of | ||
| Sections 52 and 52-a, Article III, and Section 59, Article XVI, | ||
| Texas Constitution, and other public purposes stated in this | ||
| chapter. By creating the district and in authorizing the city and | ||
| other political subdivisions to contract with the district, the | ||
| legislature has established a program to accomplish the public | ||
| purposes set out in Section 52-a, Article III, Texas Constitution. | ||
| (b) The creation of the district is necessary to promote, | ||
| develop, encourage, and maintain employment, commerce, | ||
| transportation, housing, tourism, recreation, the arts, | ||
| entertainment, economic development, safety, and the public | ||
| welfare in the district. | ||
| (c) The district is created to supplement and not to | ||
| supplant city services provided in the district. | ||
| Sec. 3903.004. FINDINGS OF BENEFIT AND PUBLIC PURPOSE. (a) | ||
| The district is created to serve a public use and benefit. | ||
| (b) All land and other property included in the district | ||
| will benefit from the improvements and services to be provided by | ||
| the district under powers conferred by Sections 52 and 52-a, | ||
| Article III, and Section 59, Article XVI, Texas Constitution, and | ||
| other powers granted under this chapter. | ||
| (c) The creation of the district is in the public interest | ||
| and is essential to further the public purposes of: | ||
| (1) developing and diversifying the economy of the | ||
| state; | ||
| (2) eliminating unemployment and underemployment; | ||
| (3) developing or expanding transportation and | ||
| commerce; and | ||
| (4) providing quality residential housing. | ||
| (d) The district will: | ||
| (1) promote the health, safety, and general welfare of | ||
| residents, employers, potential employees, employees, visitors, | ||
| and consumers in the district, and of the public; | ||
| (2) provide needed funding for the district to | ||
| preserve, maintain, and enhance the economic health and vitality of | ||
| the district territory as a residential community and business | ||
| center; and | ||
| (3) promote the health, safety, welfare, and enjoyment | ||
| of the public by providing pedestrian ways and by landscaping and | ||
| developing certain areas in the district, which are necessary for | ||
| the restoration, preservation, and enhancement of scenic beauty. | ||
| (e) Pedestrian ways along or across a street, whether at | ||
| grade or above or below the surface, and street lighting, street | ||
| landscaping, vehicle parking, and street art objects are parts of | ||
| and necessary components of a street and are considered to be an | ||
| improvement project that includes a street or road improvement. | ||
| (f) The district will not act as the agent or | ||
| instrumentality of any private interest even though the district | ||
| will benefit many private interests as well as the public. | ||
| Sec. 3903.005. DISTRICT TERRITORY. (a) The district is | ||
| initially composed of the territory described by Section 2 of the | ||
| Act enacting this chapter. | ||
| (b) The boundaries and field notes contained in Section 2 of | ||
| the Act enacting this chapter form a closure. A mistake in the | ||
| field notes or in copying the field notes in the legislative process | ||
| does not affect the district's: | ||
| (1) organization, existence, or validity; | ||
| (2) right to issue any type of bond for the purposes | ||
| for which the district is created or to pay the principal of and | ||
| interest on a bond; | ||
| (3) right to impose or collect an assessment or tax; or | ||
| (4) legality or operation. | ||
| Sec. 3903.006. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES. | ||
| (a) All or any part of the area of the district is eligible to be | ||
| included in: | ||
| (1) a tax increment reinvestment zone created under | ||
| Chapter 311, Tax Code; | ||
| (2) a tax abatement reinvestment zone created under | ||
| Chapter 312, Tax Code; | ||
| (3) an enterprise zone created under Chapter 2303, | ||
| Government Code; or | ||
| (4) an industrial district created under Chapter 42, | ||
| Local Government Code. | ||
| (b) If the city creates a tax increment reinvestment zone | ||
| described by Subsection (a), the city and the board of directors of | ||
| the zone, by contract with the district, may grant money deposited | ||
| in the tax increment fund to the district to be used by the district | ||
| for the purposes permitted for money granted to a corporation under | ||
| Section 380.002(b), Local Government Code, including the right to | ||
| pledge the money as security for any bonds issued by the district | ||
| for an improvement project. A project may not receive public funds | ||
| under Section 380.002(b), Local Government Code, unless the project | ||
| complies with a development agreement entered into under Section | ||
| 3903.207. | ||
| (c) A tax increment reinvestment zone created by the city in | ||
| the district is not subject to the limitations provided by Section | ||
| 311.006(b), Tax Code. | ||
| (d) A tax increment reinvestment zone or a tax abatement | ||
| reinvestment zone may not include territory in the district unless | ||
| the governing body of the city approves the inclusion. | ||
| Sec. 3903.007. APPLICABILITY OF MUNICIPAL MANAGEMENT | ||
| DISTRICTS LAW. Except as otherwise provided by this chapter, | ||
| Chapter 375, Local Government Code, applies to the district. | ||
| Sec. 3903.008. LIBERAL CONSTRUCTION OF CHAPTER. This | ||
| chapter shall be liberally construed in conformity with the | ||
| findings and purposes stated in this chapter. | ||
| [Sections 3903.009-3903.050 reserved for expansion] | ||
| SUBCHAPTER B. BOARD OF DIRECTORS | ||
| Sec. 3903.051. GOVERNING BODY; TERMS. The district is | ||
| governed by a board of five voting directors who serve staggered | ||
| terms of four years, with two or three directors' terms expiring | ||
| June 1 of each even-numbered year. | ||
| Sec. 3903.052. QUALIFICATIONS OF DIRECTORS APPOINTED BY | ||
| CITY. (a) To be qualified to serve as a director appointed by the | ||
| governing body of the city, a person must be: | ||
| (1) a resident of the district who is also a registered | ||
| voter of the district; | ||
| (2) an owner of property in the district; | ||
| (3) an owner of stock or a partnership or membership | ||
| interest, whether beneficial or otherwise, of a corporate | ||
| partnership, limited liability company, or other entity owner of a | ||
| direct or indirect interest in property in the district; | ||
| (4) an owner of a beneficial interest in a trust, or a | ||
| trustee in a trust, that directly or indirectly owns property in the | ||
| district; or | ||
| (5) an agent, employee, or tenant of a person | ||
| described by Subdivision (2), (3), or (4). | ||
| (b) Section 49.052, Water Code, does not apply to the | ||
| district. | ||
| Sec. 3903.053. APPOINTMENT OF DIRECTORS. The governing | ||
| body of the city shall appoint directors from persons recommended | ||
| by the board. | ||
| Sec. 3903.054. VACANCY. If a vacancy occurs on the board, | ||
| the remaining directors shall appoint a director for the remainder | ||
| of the unexpired term. | ||
| Sec. 3903.055. DIRECTOR'S OATH OR AFFIRMATION. (a) A | ||
| director shall file the director's oath or affirmation of office | ||
| with the district, and the district shall retain the oath or | ||
| affirmation in the district records. | ||
| (b) A director shall file a copy of the director's oath or | ||
| affirmation with the secretary of the city. | ||
| Sec. 3903.056. OFFICERS. The board shall elect from among | ||
| the directors a chair, a vice chair, and a secretary. The offices | ||
| of chair and secretary may not be held by the same person. | ||
| Sec. 3903.057. COMPENSATION; EXPENSES. A director is not | ||
| entitled to compensation but is entitled to reimbursement for | ||
| necessary and reasonable expenses incurred in carrying out the | ||
| duties and responsibilities of the board. | ||
| Sec. 3903.058. LIABILITY INSURANCE. The district may | ||
| obtain and pay for comprehensive general liability insurance | ||
| coverage from a commercial insurance company or other source that | ||
| protects and insures a director against personal liability and from | ||
| all claims relating to: | ||
| (1) actions taken by the director in the director's | ||
| capacity as a member of the board; | ||
| (2) actions and activities taken by the district; or | ||
| (3) the actions of others acting on behalf of the | ||
| district. | ||
| Sec. 3903.059. NO EXECUTIVE COMMITTEE. The board may not | ||
| create an executive committee to exercise the powers of the board. | ||
| Sec. 3903.060. BOARD MEETINGS. The board shall hold | ||
| meetings at a place accessible to the public. | ||
| Sec. 3903.061. INITIAL DIRECTORS. (a) The initial board | ||
| consists of: | ||
| Pos. No. Name of Director | ||
| 1 David Delk | ||
| 2 Randy Emery | ||
| 3 Doug Konopka | ||
| 4 Brooke Lewis | ||
| 5 Colice Watts | ||
| (b) The terms of the initial directors expire June 1, 2012. | ||
| (c) Of the directors who replace an initial director, the | ||
| terms of directors serving in positions 1, 2, and 3 expire June 1, | ||
| 2014, and the terms of directors serving in positions 4 and 5 expire | ||
| June 1, 2016. | ||
| (d) Section 3903.052 does not apply to this section. | ||
| (e) This section expires September 1, 2016. | ||
| [Sections 3903.062-3903.100 reserved for expansion] | ||
| SUBCHAPTER C. POWERS AND DUTIES | ||
| Sec. 3903.101. GENERAL POWERS AND DUTIES. The district has | ||
| the powers and duties necessary to accomplish the purposes for | ||
| which the district is created. | ||
| Sec. 3903.102. DEVELOPMENT CORPORATION POWERS. The | ||
| district, using money available to the district, may exercise the | ||
| powers given to a development corporation under Chapter 505, Local | ||
| Government Code, including the power to own, operate, acquire, | ||
| construct, lease, improve, or maintain a project under that | ||
| chapter. | ||
| Sec. 3903.103. NONPROFIT CORPORATION. (a) The board by | ||
| resolution may authorize the creation of a nonprofit corporation to | ||
| assist and act for the district in implementing a project or | ||
| providing a service authorized by this chapter. | ||
| (b) The nonprofit corporation: | ||
| (1) has each power of and is considered to be a local | ||
| government corporation created under Subchapter D, Chapter 431, | ||
| Transportation Code; and | ||
| (2) may implement any project and provide any service | ||
| authorized by this chapter. | ||
| (c) The board shall appoint the board of directors of the | ||
| nonprofit corporation. The board of directors of the nonprofit | ||
| corporation shall serve in the same manner as the board of directors | ||
| of a local government corporation created under Subchapter D, | ||
| Chapter 431, Transportation Code, except that a board member is not | ||
| required to reside in the district. | ||
| Sec. 3903.104. AGREEMENTS; GRANTS. (a) As provided by | ||
| Chapter 375, Local Government Code, the district may make an | ||
| agreement with or accept a gift, grant, or loan from any person. | ||
| (b) The implementation of a project is a governmental | ||
| function or service for the purposes of Chapter 791, Government | ||
| Code. | ||
| Sec. 3903.105. LAW ENFORCEMENT SERVICES. To protect the | ||
| public interest, the district may contract with a qualified party, | ||
| including the county or the city, to provide law enforcement | ||
| services in the district for a fee. | ||
| Sec. 3903.106. MEMBERSHIP IN CHARITABLE ORGANIZATIONS. The | ||
| district may join and pay dues to a charitable or nonprofit | ||
| organization that performs a service or provides an activity | ||
| consistent with the furtherance of a district purpose. | ||
| Sec. 3903.107. ECONOMIC DEVELOPMENT. (a) The district may | ||
| engage in activities that accomplish the economic development | ||
| purposes of the district. | ||
| (b) The district may establish and provide for the | ||
| administration of one or more programs to promote state or local | ||
| economic development and to stimulate business and commercial | ||
| activity in the district, including programs to: | ||
| (1) make loans and grants of public money; and | ||
| (2) provide district personnel and services. | ||
| (c) The district may create economic development programs | ||
| and exercise the economic development powers that: | ||
| (1) Chapter 380, Local Government Code, provides to a | ||
| municipality; and | ||
| (2) Subchapter A, Chapter 1509, Government Code, | ||
| provides to a municipality. | ||
| Sec. 3903.108. PARKING FACILITIES. (a) The district may | ||
| acquire, lease as lessor or lessee, construct, develop, own, | ||
| operate, and maintain parking facilities or a system of parking | ||
| facilities, including lots, garages, parking terminals, or other | ||
| structures or accommodations for parking motor vehicles off the | ||
| streets and related appurtenances. | ||
| (b) The district's parking facilities serve the public | ||
| purposes of the district and are owned, used, and held for a public | ||
| purpose even if leased or operated by a private entity for a term of | ||
| years. | ||
| (c) The district's parking facilities are parts of and | ||
| necessary components of a street and are considered to be a street | ||
| or road improvement. | ||
| (d) The development and operation of the district's parking | ||
| facilities may be considered an economic development program. | ||
| Sec. 3903.109. NO EMINENT DOMAIN POWER. The district may | ||
| not exercise the power of eminent domain. | ||
| [Sections 3903.110-3903.130 reserved for expansion] | ||
| SUBCHAPTER C-1. IMPROVEMENT PROJECTS | ||
| Sec. 3903.131. IMPROVEMENT PROJECTS AND SERVICES. The | ||
| district may provide, design, construct, acquire, improve, | ||
| relocate, operate, maintain, or finance an improvement project or | ||
| service using money available to the district, or contract with a | ||
| governmental or private entity to provide, design, construct, | ||
| acquire, improve, relocate, operate, maintain, or finance an | ||
| improvement project or service authorized under this chapter or | ||
| Chapter 375, Local Government Code. | ||
| Sec. 3903.132. LOCATION OF IMPROVEMENT PROJECT. An | ||
| improvement project described by Section 3903.131 may be located: | ||
| (1) in the district; or | ||
| (2) in an area outside but adjacent to the district if | ||
| the project is for the purpose of extending a public infrastructure | ||
| improvement beyond the district's boundaries to a logical terminus. | ||
| Sec. 3903.133. PREREQUISITES FOR IMPROVEMENT PROJECTS. The | ||
| district may not construct an improvement project unless: | ||
| (1) the owner of the land on which the improvement | ||
| project will be constructed records a plat in the map and plat | ||
| records of the county in which the district is located; and | ||
| (2) the planning commission of the city approves the | ||
| plat. | ||
| Sec. 3903.134. ADDITIONAL DISTRICT DUTIES REGARDING | ||
| IMPROVEMENT PROJECTS. The district shall: | ||
| (1) submit written notice to the city administrator or | ||
| the administrator's designee of the anticipated date construction | ||
| of an improvement project will begin; | ||
| (2) construct the improvement project to comply with a | ||
| development agreement entered into under Section 3903.207; | ||
| (3) comply with applicable city ordinances, | ||
| resolutions, and regulations when constructing and maintaining an | ||
| improvement project; | ||
| (4) allow a representative of the city to inspect an | ||
| improvement project during construction to assess the project's | ||
| compliance with applicable city ordinances, resolutions, and | ||
| regulations; | ||
| (5) alter an improvement project to comply with | ||
| applicable city ordinances, resolutions, and regulations if the | ||
| representative of the city provides the district with written | ||
| notice that the improvement project does not comply with applicable | ||
| city ordinances, resolutions, and regulations; and | ||
| (6) obtain any necessary permits from city, county, | ||
| state, or federal authorities to construct and maintain an | ||
| improvement project. | ||
| Sec. 3903.135. LICENSE AND CERTIFICATION REQUIREMENTS. The | ||
| district may not contract with or employ a person to plan or | ||
| construct an improvement project unless the person is licensed or | ||
| certified in an area relating to planning or construction, as | ||
| applicable. | ||
| [Sections 3903.136-3903.150 reserved for expansion] | ||
| SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS; ASSESSMENTS | ||
| Sec. 3903.151. DISBURSEMENTS AND TRANSFERS OF MONEY. The | ||
| board by resolution shall establish the number of directors' | ||
| signatures and the procedure required for a disbursement or | ||
| transfer of the district's money. | ||
| Sec. 3903.152. MONEY USED FOR IMPROVEMENTS OR SERVICES. | ||
| The district may acquire, construct, finance, operate, or maintain | ||
| an improvement project or service authorized under this chapter or | ||
| Chapter 375, Local Government Code, using any money available to | ||
| the district. | ||
| Sec. 3903.153. PETITION REQUIRED FOR FINANCING SERVICES AND | ||
| IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a | ||
| service or improvement project with assessments under this chapter | ||
| unless a written petition requesting that service or improvement | ||
| has been filed with the board. | ||
| (b) The petition must be signed by the owners of a majority | ||
| of the assessed value of real property in the district subject to | ||
| assessment according to the most recent certified tax appraisal | ||
| roll for the county. | ||
| Sec. 3903.154. METHOD OF NOTICE FOR HEARING. The district | ||
| may mail the notice required by Section 375.115(c), Local | ||
| Government Code, by certified or first class United States mail. | ||
| The board shall determine the method of notice. | ||
| Sec. 3903.155. ASSESSMENTS; LIENS FOR ASSESSMENTS. (a) | ||
| The board by resolution may impose and collect an assessment for any | ||
| purpose authorized by this chapter in all or any part of the | ||
| district. | ||
| (b) An assessment, a reassessment, or an assessment | ||
| resulting from an addition to or correction of the assessment roll | ||
| by the district, penalties and interest on an assessment or | ||
| reassessment, an expense of collection, and reasonable attorney's | ||
| fees incurred by the district: | ||
| (1) are a first and prior lien against the property | ||
| assessed; | ||
| (2) are superior to any other lien or claim other than | ||
| a lien or claim for county, school district, or municipal ad valorem | ||
| taxes; and | ||
| (3) are the personal liability of and a charge against | ||
| the owners of the property even if the owners are not named in the | ||
| assessment proceedings. | ||
| (c) The lien is effective from the date of the board's | ||
| resolution imposing the assessment until the date the assessment is | ||
| paid. The board may enforce the lien in the same manner that the | ||
| board may enforce an ad valorem tax lien against real property. | ||
| (d) The board may make a correction to or deletion from the | ||
| assessment roll that does not increase the amount of assessment of | ||
| any parcel of land without providing notice and holding a hearing in | ||
| the manner required for additional assessments. | ||
| Sec. 3903.156. TAX AND ASSESSMENT ABATEMENTS. The district | ||
| may designate reinvestment zones and may grant abatements of a tax | ||
| or assessment on property in the zones. | ||
| [Sections 3903.157-3903.200 reserved for expansion] | ||
| SUBCHAPTER E. TAXES AND BONDS | ||
| Sec. 3903.201. BONDS AND OTHER OBLIGATIONS. (a) The | ||
| district may issue, by public or private sale, bonds, notes, or | ||
| other obligations payable wholly or partly from ad valorem taxes or | ||
| assessments in the manner provided by Subchapter A, Chapter 372, or | ||
| Subchapter J, Chapter 375, Local Government Code. | ||
| (b) In exercising the district's borrowing power, the | ||
| district may issue a bond or other obligation in the form of a bond, | ||
| note, certificate of participation or other instrument evidencing a | ||
| proportionate interest in payments to be made by the district, or | ||
| other type of obligation. | ||
| (c) In addition to the sources of money described by | ||
| Subchapter A, Chapter 372, and Subchapter J, Chapter 375, Local | ||
| Government Code, district bonds may be secured and made payable | ||
| wholly or partly by a pledge of any part of the money the district | ||
| receives from improvement revenue or from any other source. | ||
| Sec. 3903.202. BOND MATURITY. Bonds may mature not more | ||
| than 30 years from their date of issue. | ||
| Sec. 3903.203. TAXES FOR BONDS AND OTHER OBLIGATIONS. At | ||
| the time bonds or other obligations payable wholly or partly from ad | ||
| valorem taxes are issued: | ||
| (1) the board shall impose a continuing direct annual | ||
| ad valorem tax for each year that all or part of the bonds are | ||
| outstanding; and | ||
| (2) the district annually shall impose an ad valorem | ||
| tax on all taxable property in the district in an amount sufficient | ||
| to: | ||
| (A) pay the interest on the bonds or other | ||
| obligations as the interest becomes due; and | ||
| (B) create a sinking fund for the payment of the | ||
| principal of the bonds or other obligations when due or the | ||
| redemption price at any earlier required redemption date. | ||
| Sec. 3903.204. ELECTION REQUIRED FOR TAXES OR BONDS. The | ||
| district must hold an election in the manner provided by Subchapter | ||
| L, Chapter 375, Local Government Code, to obtain voter approval | ||
| before the district may impose an ad valorem tax or issue bonds | ||
| payable from ad valorem taxes. | ||
| Sec. 3903.205. HOTEL OCCUPANCY TAX. (a) The district may | ||
| impose a hotel occupancy tax in the manner that Chapter 351, Tax | ||
| Code, provides for a municipality. | ||
| (b) The district may use revenue from the tax for any | ||
| purpose described by Section 351.101, Tax Code. | ||
| (c) The amount of the hotel occupancy tax may not exceed a | ||
| rate that, when added to the rates of all hotel occupancy taxes | ||
| imposed by other political subdivisions with territory in the | ||
| district, does not exceed the rate prescribed by Section | ||
| 351.003(a), Tax Code. | ||
| Sec. 3903.206. CERTAIN SINGLE-FAMILY RESIDENTIAL PROPERTY | ||
| EXEMPT. (a) The district may not impose an assessment or tax on a | ||
| single-family residential property that: | ||
| (1) is in the territory described by Section 2 of the | ||
| Act creating the district; and | ||
| (2) exists as of the effective date of the Act enacting | ||
| this chapter. | ||
| (b) Section 375.161, Local Government Code, does not apply | ||
| to the district. | ||
| 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. | ||
| [Sections 3903.208-3903.250 reserved for expansion] | ||
| SUBCHAPTER F. DISSOLUTION | ||
| Sec. 3903.251. DISSOLUTION BY CITY ORDINANCE. (a) The city | ||
| by ordinance may dissolve the district. | ||
| (b) The city may not dissolve the district until the | ||
| district's outstanding debt or contractual obligations that are | ||
| payable from ad valorem taxes have been repaid or discharged, or the | ||
| city has affirmatively assumed the obligation to pay the | ||
| outstanding debt from city revenue. | ||
| (c) If the district enters a development agreement under | ||
| Section 3903.207, the city may not dissolve the district until the | ||
| agreement has been executed and the district's performance under | ||
| the agreement has been fulfilled, including any right or obligation | ||
| the district has to reimburse a developer or owner for the costs of | ||
| improvement projects. | ||
| Sec. 3903.252. COLLECTION OF ASSESSMENTS AND OTHER REVENUE. | ||
| (a) If the dissolved district has bonds or other obligations | ||
| outstanding secured by and payable from assessments or other | ||
| revenue, other than ad valorem taxes, the city shall succeed to the | ||
| rights and obligations of the district regarding enforcement and | ||
| collection of the assessments or other revenue. | ||
| (b) The city shall have and exercise all district powers to | ||
| enforce and collect the assessments or other revenue to pay: | ||
| (1) the bonds or other obligations when due and | ||
| payable according to their terms; or | ||
| (2) special revenue or assessment bonds or other | ||
| obligations issued by the city to refund the outstanding bonds or | ||
| obligations. | ||
| Sec. 3903.253. ASSUMPTION OF ASSETS AND LIABILITIES. (a) | ||
| After the city dissolves the district, the city assumes, subject to | ||
| the appropriation and availability of funds, the obligations of the | ||
| district, including any bonds or other debt payable from | ||
| assessments or other district revenue. | ||
| (b) If the city dissolves the district, the board shall | ||
| transfer ownership of all district property to the city. | ||
| SECTION 2. The Fulshear Town Center Management District | ||
| initially includes all the territory contained in the following | ||
| area: | ||
| Being an 84.3 acre tract situated in the City of Fulshear, with said | ||
| tract being more particularly described as follows: | ||
| With the point of beginning being at SE corner of 0.3444 acre parcel | ||
| (Fulshear, Block 6, Lot 1,4); | ||
| Then south along W ROW of FM 359 (Main St.) to SE corner of 0.1377 | ||
| acre parcel (FULSHEAR, BLOCK 3, ACRES 0.1377, (Pt) 20' Alley in | ||
| Block 3); | ||
| Then west along S boundary of said parcel to NE corner 0.42 acre | ||
| parcel (FULSHEAR, BLOCK 3, LOT 4,5); | ||
| Then south along E boundary of 0.42 acre parcel (FULSHEAR, BLOCK 3, | ||
| LOT 4,5) to N ROW of Front St; | ||
| Then east along N ROW of Front St and FM 1093 to SE corner of 64.5 | ||
| acre parcel (0029 C FULSHEAR, TRACT 66, ACRES 64.506); | ||
| Then east across ROW of Katy-Fulshear Rd and along S boundary of | ||
| 6.93 acre parcel (0050 E LATHAM, TRACT 24 (PT), PARCEL 3, ACRES | ||
| 6.9307, (PT (2.7197 ACS) IN A-29)) to a point approximately 215 feet | ||
| east of SW corner of said parcel; | ||
| Then south across FM 1093 and Metro Rail ROWs to NE corner of 52.23 | ||
| acre parcel (0029 C FULSHEAR, TRACT 82-C, ACRES 52.23); | ||
| Then west along N Boundary of 52.23 acre parcel (0029 C FULSHEAR, | ||
| TRACT 82-C, ACRES 52.23) to NE corner of 20.089 acre parcel (0029 C | ||
| FULSHEAR, TRACT 6, ACRES 20.089); | ||
| Then south along E boundary of 20.089 acre parcel (0029 C FULSHEAR, | ||
| TRACT 6, ACRES 20.089) to SE corner of said parcel; | ||
| Then west along S boundary of 20.089 acre parcel (0029 C FULSHEAR, | ||
| TRACT 6, ACRES 20.089), and 18.82 acre parcel (0029 C Fulshear, | ||
| TRACT 3 (Pt), ACRES 18.8242, (Part of a 26.5629 ac tract), and 3.754 | ||
| acre parcel (0029 C Fulshear, TRACT 3 (Pt), ACRES 3.754, (Part of a | ||
| 26.5629 ac tract)), and 3.753 acre parcel (0029 C FULSHEAR, TRACT 1, | ||
| ACRES 3.753) to SW corner 3.753 acre parcel (0029 C FULSHEAR, TRACT | ||
| 1, ACRES 3.753); | ||
| Then north along W boundary of 3.753 acre parcel (0029 C FULSHEAR, | ||
| TRACT 1, ACRES 3.753), and across Metro Rail and FM 1093 ROWs to S | ||
| boundary of 70 acre parcel (0029 C Fulshear, TRACT 91 (PT), ACRES | ||
| 69, (PART OF A 70.00 AC TRACT)); | ||
| Then east northeast along S boundary of 70 acre parcel (0029 C | ||
| Fulshear, TRACT 91 (PT), ACRES 69, (PART OF A 70.00 AC TRACT)) to SE | ||
| corner of said parcel; | ||
| Then north along E boundary of said parcel to N ROW of Front St; | ||
| Then east northeast along N ROW of Front St to W ROW of Harris St; | ||
| Then north along W ROW of Harris St to NE corner of 0.5165 acre | ||
| parcel (FULSHEAR, BLOCK 5, LOT 1,4,5); | ||
| Then east across ROW of Harris St, and along north boundary of | ||
| 0.5165 acre parcel (FULSHEAR, BLOCK 6, LOT 2,3,6) to NE corner of | ||
| said parcel; | ||
| Then south along E boundary of 0.5165 acre parcel (FULSHEAR, BLOCK | ||
| 6, LOT 2,3,6) to SE corner of said parcel; | ||
| Then east along S boundary of 0.3444 acre parcel (Fulshear, Block 6, | ||
| Lot 1,4) to point of beginning; | ||
| SECTION 3. (a) The legal notice of the intention to | ||
| introduce this Act, setting forth the general substance of this | ||
| Act, has been published as provided by law, and the notice and a | ||
| copy of this Act have been furnished to all persons, agencies, | ||
| officials, or entities to which they are required to be furnished | ||
| under Section 59, Article XVI, Texas Constitution, and Chapter 313, | ||
| Government Code. | ||
| (b) The governor, one of the required recipients, has | ||
| submitted the notice and Act to the Texas Commission on | ||
| Environmental Quality. | ||
| (c) The Texas Commission on Environmental Quality has filed | ||
| its recommendations relating to this Act with the governor, | ||
| lieutenant governor, and speaker of the house of representatives | ||
| within the required time. | ||
| (d) The general law relating to consent by political | ||
| subdivisions to the creation of districts with conservation, | ||
| reclamation, and road powers and the inclusion of land in those | ||
| districts has been complied with. | ||
| (e) All requirements of the constitution and laws of this | ||
| state and the rules and procedures of the legislature with respect | ||
| to the notice, introduction, and passage of this Act have been | ||
| fulfilled and accomplished. | ||
| SECTION 4. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2011. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I certify that H.B. No. 3827 was passed by the House on May 3, | ||
| 2011, by the following vote: Yeas 144, Nays 0, 1 present, not | ||
| voting; and that the House concurred in Senate amendments to H.B. | ||
| No. 3827 on May 27, 2011, by the following vote: Yeas 139, Nays 3, | ||
| 3 present, not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| I certify that H.B. No. 3827 was passed by the Senate, with | ||
| amendments, on May 25, 2011, by the following vote: Yeas 31, Nays | ||
| 0 | ||
| . | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| APPROVED: __________________ | ||
| Date | ||
| __________________ | ||
| Governor | ||
