Texas HB74 creates the Puerto Verde Port Authority District, authorizing it to issue bonds, impose assessments, fees, and taxes, and exercise eminent.

Texas HB74 establishes the Puerto Verde Port Authority District in Maverick County, Texas, to promote economic development, employment, commerce, transportation, housing, tourism, recreation, the arts, entertainment, and public safety. The district can issue bonds, impose assessments, fees, and taxes, and exercise eminent domain. It can also engage in economic development activities, establish economic development programs, and join charitable organizations. The district is governed by a board of five elected voting directors and may appoint up to two nonvoting ex officio directors.

Texas HB74 creates the Puerto Verde Port Authority District, authorizing it to issue bonds, impose assessments, fees, and taxes, and exercise eminent.

Texas HB74 establishes the Puerto Verde Port Authority District in Maverick County, Texas, to promote economic development, employment, commerce, transportation, housing, tourism, recreation, the arts, entertainment, and public safety. The district can issue bonds, impose assessments, fees, and taxes, and exercise eminent domain. It can also engage in economic development activities, establish economic development programs, and join charitable organizations. The district is governed by a board of five elected voting directors and may appoint up to two nonvoting ex officio directors.