Establishes the Bluebonnet Hills Municipal Management District No. 1 in Ellis County, Texas, with powers to issue bonds, impose assessments, and.
The bill creates the Bluebonnet Hills Municipal Management District No. 1 in Ellis County, Texas. The district has the authority to issue bonds, impose assessments, and conduct economic development programs. It can also engage in activities to promote state or local economic development, such as making loans and providing grants. The district can contract with a qualified party to provide law enforcement services. The board of directors may dissolve the district if certain conditions are met, such as having no outstanding bonded debt and not imposing ad valorem taxes.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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