Section 399.006 - Establishment of Program(a) The governing body of a local government may determine that it is convenient and advantageous to establish a program under this chapter.(b) An authorized representative of the local government that establishes a program may enter into a written contract with a record owner of real property in a region designated under this chapter to impose an assessment to repay the owner's financing of a qualified project on the owner's property. The financing to be repaid through assessments may be provided by a third party or, if authorized by the program, by the local government.(c) If the program provides for third-party financing, the authorized representative of the local government that enters into a written contract with a property owner under Subsection (b) must also enter into a written contract with the party that provides financing for a qualified project under the program to service the debt through assessments.(d) If the program provides for local government financing, the written contract described by Subsection (b) must be a contract to finance the qualified project through assessments.(e) The financing for which assessments are imposed may include: (1) the cost of materials and labor necessary for installation or modification of a qualified improvement;(5) program application and administrative fees;(6) project development and engineering fees;(7) third-party review fees, including verification review fees, under Section 399.011; and(8) any other fees or costs that may be incurred by the property owner incident to the installation, modification, or improvement on a specific or pro rata basis, as determined by the local government.Tex. Loc. Gov't. Code § 399.006
Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 577,Sec. 2, eff. 6/16/2015.Added by Acts 2013, 83rd Leg. - Regular Session, ch. 416,Sec. 1, eff. 6/14/2013.