Relating to the creation of the Craver Ranch Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments and fees; granting a limited power of eminent domain.

HB 5658 proposes creating the Craver Ranch Municipal Management District No. 1 in Denton, Texas, to support economic development in the area. The district would have authority to issue bonds for infrastructure, impose property assessments and fees to fund services, and use limited eminent domain for specific projects. It directly affects property owners within the district boundaries by subjecting them to these financial obligations. The bill clarifies the district is intended to supplement, not replace, existing city services while promoting employment, housing, tourism, and public welfare under Texas Constitution provisions.