Texas Master Development Agreement
Description
How to fill out Master Development Agreement?
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FAQ
Chapter 380 of the Texas Local Government Code allows Texas municipalities to provide a grant or a loan of city funds or services to promote economic development.
Chapter 380 is a reference to chapter 380 of the Texas Local Government Code. This chapter of the Texas Local Government Code authorizes Texas municipalities, both home-rule and general law municipalities to provide assistance for economic development.
Master Development Agreement means an agreement between the master developer and the political subdivision to govern a STAR bond district and any STAR bond projects.
A comprehensive development agreement (CDA) is a contract between a private company and a public agency to perform different tasks for transportation projects. These tasks can be combinations of design, development, finance, construction, maintenance, repair, and operation.
Chapter 381 of the Local Government Code allows counties to provide incentives encouraging developers to build in their jurisdictions.
Chapter 381 Agreements A county may administer and develop a program to make loans and grants of public money to stimulate business and commercial activity. The county may also develop and administer a tax abatement agreement.
Development agreements provide public agencies greater flexibility in imposing requirements on proposed development, such as development conditions, exactions and fees, because constraints and uncertainties that affect a local agency's ability to unilaterally impose such requirements do not apply to mutually agreed ...
