Relating to the creation of the Fannin County Improvement District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
What changed between versions
Added provisions for temporary voting directors who serve until permanent directors are elected or four years after the effective date, with successor appointments if terms expire.
Added specific requirements that the district cannot dissolve if it has outstanding bonded indebtedness, contractual payment obligations, or public works facilities unless contracted out.
Added authority for the district to engage in economic development programs including making loans and grants of public money.
Added specific authority for the district to acquire, lease, construct, and operate parking facilities as part of street improvements.
Added detailed legal description of the 337.65-acre district territory with metes and bounds survey information.
Modified formatting and numbering of definitions section to align with standard legislative drafting conventions.
Added provisions allowing the district to contract with qualified parties for law enforcement services in the district for a fee.