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Grayson County court backs developer request to pursue municipal management district bill
Summary
Commissioners voted to support a developer’s request to pursue state legislation to create a municipal management district (MMD) for a proposed Illuvium Ranch development; the developer said the district would fund water, sewer, drainage and roads and that the county would negotiate agreements later.
The Grayson County Commissioners Court voted to approve a resolution supporting a developer’s effort to seek a municipal management district (MMD) bill in the Texas Legislature that would finance infrastructure for a proposed Illuvium Ranch development.
The support resolution, moved by Commissioner Arthur and seconded by Commissioner Marr, authorizes the developer to pursue enabling legislation and directs the developer to return to the county to negotiate the agreements required before the district could use its bonding authority.
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