Establishes La Cima Municipal Management District No. 1 in Texas.

The bill creates La Cima Municipal Management District No. 1, a special district in Texas, to serve public purposes. The district is governed by a board of five directors elected in staggered terms. It has the authority to issue bonds, impose assessments, fees, and taxes, and engage in economic development activities. The district can also acquire, lease, construct, develop, own, operate, and maintain parking facilities. The creation of the district is deemed to be in the public interest and essential for promoting economic development, employment, and public welfare.

Establishes La Cima Municipal Management District No. 1 in Texas.

The bill creates La Cima Municipal Management District No. 1, a special district in Texas, to serve public purposes. The district is governed by a board of five directors elected in staggered terms. It has the authority to issue bonds, impose assessments, fees, and taxes, and engage in economic development activities. The district can also acquire, lease, construct, develop, own, operate, and maintain parking facilities. The creation of the district is deemed to be in the public interest and essential for promoting economic development, employment, and public welfare.