The bill proposes the establishment of the Alluvium Ranch Municipal Management District No. 1 under Chapter 4014 of the Special District Local Laws Code. This district will have the authority to issue bonds, impose assessments, fees, and taxes, and will possess a limited power of eminent domain. Its primary objectives include promoting economic development, transportation, housing, and public welfare while ensuring that it complements existing city or county services. The governance will be managed by a board of five elected directors serving staggered four-year terms, with provisions for improvement projects, economic development programs, and law enforcement contracts. The bill also introduces a process for dividing the district into new districts, contingent on the original district having no outstanding bonded debt, and mandates voter approval for imposing maintenance taxes in new districts.

Additionally, the bill includes a new provision that explicitly states the district may not exercise the power of eminent domain unless a two-thirds vote is achieved in both houses. It outlines the legal description and boundaries of a 269.03-acre tract of land in Grayson County, Texas, detailing its metes and bounds and referencing recorded deeds for clarity. The bill specifies that certain local government codes do not apply to the district and establishes conditions for its dissolution, emphasizing that it cannot be dissolved if there are outstanding debts or obligations. The bill is designed to take effect immediately upon receiving the necessary vote or on September 1, 2025, if it does not.

Statutes affected:
Introduced: ()
House Committee Report: ()