Relating to the creation of the Montgomery County Management District No. 3; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

SB 3069 creates Montgomery County Management District No. 3, a local government unit in Montgomery County, Texas. The bill authorizes the district to issue bonds and impose assessments, fees, and taxes on properties within its defined boundaries to fund public improvements. Key provisions include funding for transportation, recreation, water/wastewater systems, street landscaping, and pedestrian infrastructure to promote economic development, safety, and community vitality. The district is explicitly designed to supplement, not replace, existing county and city services for residents and businesses in the area. Property owners within the district’s boundaries will directly bear the financial obligations through these assessments and fees.