Land Use & Property Rights
What is happening? The Office of Texas Attorney General will give an opinion as to whether Municipal Management Districts can purchase property outside the district’s boundaries. If they can, does the district have to justify the benefit to the district?
Why is this important? A district has done just this. SH130 MMD No. 1 created the Texas Essential Houston PFC that acquired multi family housing outside the boundaries of MMD No. 1. In doing so, granted property tax exemptions to private developers outside the MMD’s jurisdiction.
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