Establishes the Alluvium Ranch Municipal Management District No. 1 in Texas.

The bill establishes the Alluvium Ranch Municipal Management District No. 1 in Texas. The district is governed by a board of five elected directors serving staggered four-year terms. The district can impose an operation and maintenance tax, issue bonds, and exercise eminent domain. It can also contract for law enforcement services and create economic development programs. The district's initial territory includes specific land parcels in Grayson County. The board can dissolve the district and divide it into new districts, subject to certain conditions.

Establishes the Alluvium Ranch Municipal Management District No. 1 in Texas.

The bill establishes the Alluvium Ranch Municipal Management District No. 1 in Texas. The district is governed by a board of five elected directors serving staggered four-year terms. The district can impose an operation and maintenance tax, issue bonds, and exercise eminent domain. It can also contract for law enforcement services and create economic development programs. The district's initial territory includes specific land parcels in Grayson County. The board can dissolve the district and divide it into new districts, subject to certain conditions.