Sec. 3907.061. INITIAL DIRECTORS

Latest version.

(a) The governing body of the city shall appoint the initial directors immediately after the effective date of the Act enacting this chapter.
(b) The governing body shall stagger the terms, with two or three directors' terms expiring May 31, 2012, and the remaining directors' terms expiring May 31, 2014.
(c) The term of an initial director does not begin until the development agreement and finance plan are executed.
(d) This section expires September 1, 2016.

Added by Acts 2011, 82nd Leg., R.S., Ch. 858 , Sec. 1, eff. September 1, 2011.

                    
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