Tex. Loc. Gov't Code § 504.102 : LOCAL GOVERNMENT CODE — PLANNING AND DEVELOPMENT — ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT — TYPE A CORPORATIONS — GENERAL POWERS AND DUTIES — Contract With Other Private Corporation

A Type A corporation may contract with another private corporation to:

(1) carry out an industrial development program or objective; or

(2) assist with the development or operation of an economic development program or objective consistent with the purposes and duties provided by this subtitle.

Tex. Loc. Gov't. Code § 504.102

Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. 4/1/2009.