AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
Currently, there is abandoned, partially developed land located within the corporate limits of the City of Houston, in Harris County. A management district over this property is proposed to be created to administer and provide public infrastructure as well as economic development projects and services in the district.
S.B. 690 creates Harris County Improvement District No. 23 (district) as a political subdivision of the State of Texas to accomplish the public infrastructure and economic development purposes of the district. The district will be a municipal management district similar to those operating pursuant to Chapter 375 (Municipal Management Districts in General), Local Government Code, and Title 4 (Development and Improvement), Special Districts Local Laws Code.
As proposed, S.B. 690 amends current law relating to the creation of Harris County Improvement District No. 23, provides authority to issue bonds, provides authority to impose assessments, fees, and taxes, and prohibits the district from exercising the power of eminent domain.
RULEMAKING AUTHORITY
This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Subtitle C, Title 4, Special District Local Laws Code, by adding Chapter 3910, as follows:
CHAPTER 3910. HARRIS COUNTY IMPROVEMENT DISTRICT NO. 23
Sets forth standard language for the creation of the Harris County Improvement District No. 23 (district), in Harris County. Sets forth standards, procedures, requirements, and criteria for:
Creation, nature, purpose, findings of benefit and public purpose, initial district territory, eligibility for inclusion in special zones, and applicability of municipal management districts law for the district (Sections 3910.001-3910.008);
Size, terms, appointment, composition, and compensation of the board of directors, and initial voting directors (Sections 3910.051-3910.056);
Powers and duties of the district (Sections 3910.101-3910.113); and
General financial provisions, taxing authority, authority of district to borrow money and to issue bonds and other obligations, and district debt obligations (Sections 3910.151-3910.206)
Prohibits the district from exercising the power of eminent domain.
SECTION 2. Sets forth the initial boundaries of the district.
SECTION 3. Provides that all requirements of the constitution and the laws of this state and the rules and procedures of the legislature with respect to the notice, introduction, and passage of this Act are fulfilled and accomplished.
SECTION 4. Effective date: upon passage or September 1, 2013.