Establishes the Craver Ranch Municipal Management District No. 1 in Texas.
The bill creates the Craver Ranch Municipal Management District No. 1 in Texas, a special district under the Texas Constitution. The district includes specific land areas and is governed by a board of five directors. The district can issue bonds, impose assessments, and exercise eminent domain. It cannot impose ad valorem taxes or dissolve without proper consent. The district aims to promote economic development, employment, and public welfare.
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