Sec. 386.033.  CREATION OF DEVELOPMENT ZONE.  (a)  A development zone is created to promote and encourage:
(1)  commercial development, including the development of businesses in the technology field;
(2)  workforce development;
(3)  excellence in education through cooperation with public schools, junior colleges, and institutions of higher education;
(4)  public and private sector partnerships;  and
(5)  the revitalization of neighborhoods.
(b)  The governing body of a municipality or county, individually or in combination with other municipalities, by ordinance or order may create as a development zone an area within its jurisdiction that meets the criteria under Section 386.031.
(c)  Each creating body must hold a public hearing before adopting an ordinance or order under this section.
(d)  The governing body of a county may not designate territory in the jurisdiction of a municipality as part of a proposed development zone unless the governing body of the municipality also designates the territory.
(e)  A development zone created under this section is a:
(1)  political subdivision of the state;  and
(2)  special district.
Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. June 16, 2001.