Relating to the creation of The Reserve Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

HB 5696 creates The Reserve Municipal Management District, a local government entity in Mansfield, Texas, primarily affecting landowners and property within the district. The bill authorizes the district to issue bonds for infrastructure projects and impose assessments, fees, and taxes to fund public services like roads, parks, and safety. It explicitly states the district is designed to supplement, not replace, existing city services and aims to promote economic development, tourism, and public welfare in the area. The district’s creation aligns with Texas constitutional provisions for special districts focused on community improvement.