Sec. 379B.008.  POWERS AND DUTIES OF BOARD.  (a)  The board of an authority shall, if consistent with the purposes for which the authority was created under Section 378.003:
(1)  monitor the proposed closing of the defense base;
(2)  manage and operate the defense base transition and development on behalf of the municipality that established the authority;
(3)  review options related to the most appropriate use of the defense base;
(4)  conduct a study on issues related to the closure, conversion, redevelopment, and future use of the defense base;
(5)  formulate, adopt, and implement a plan to convert and redevelop the defense base;
(6)  submit the plan to an appropriate agency or agencies of the federal government;  and
(7)  manage the property used for a base efficiency project.
(b)  For the base property and areas adjacent to the base property the board shall:
(1)  promote economic development;
(2)  attempt to reduce unemployment;
(3)  encourage the development of new industry by private businesses;  and
(4)  encourage financing of projects designated under Section 379B.009.
Added by Acts 1999, 76th Leg., ch. 1221, Sec. 1, eff. Aug. 30, 1999.  Amended by Acts 2001, 77th Leg., ch. 257, Sec. 3, eff. Sept. 1, 2001.  Renumbered from Local Government Code Sec. 378.008 and amended by Acts 2003, 78th Leg., ch. 1275, Sec. 2(108), 3(34), eff. Sept. 1, 2003.