81st Texas Legislature, Regular Session, House Bill 4752, Chapter 1077 Page: 1 of 28
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Chapter 1077
H.B. No. 4752
1 AN ACT
2 relating to the creation of the Prosper Management District No. 1;
3 providing authority to impose a tax and issue bonds.
4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
5 SECTION 1. Subtitle C, Title 4, Special District Local Laws
6 Code, is amended by adding Chapter 3886 to read as follows:
7 CHAPTER 3886. PROSPER MANAGEMENT DISTRICT NO. 1
8 SUBCHAPTER A. GENERAL PROVISIONS
9 Sec. 3886.001. DEFINITIONS. In this chapter:
10 (1) "Board" means the district's board of directors.
11 (2) "Director" means a board member.
12 (3) "District" means the Prosper Management District
13 No. 1.
14 (4) "Improvement project" means any program or project
15 authorized by Section 3886.103, inside or outside the district.
16 (5) "Town" means the Town of Prosper, Texas.
17 Sec. 3886.002. NATURE OF DISTRICT. The district is a
18 special district created under Sections 52 and 52-a, Article III,
19 and Section 59, Article XVI, Texas Constitution.
20 Sec. 3886.003. FINDINGS OF PUBLIC PURPOSE AND BENEFIT. (a)
21 The district is created to serve a public purpose and benefit.
22 (b) All land and other property included in the district
23 will benefit from the improvements and services to be provided by
24 the district under powers conferred by Sections 52 and 52-a,1
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Texas. Legislature. House of Representatives. 81st Texas Legislature, Regular Session, House Bill 4752, Chapter 1077, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth148916/m1/1/?q=%22~1%22~1&rotate=270: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.