The State of Texas has given counties the flexibility to create specific development agreements often referred to as Chapter 381 agreements or C381. These agreements are usually best suited for very large projects. They are negotiated based on the total impact a project has on the community, the overall strength of the project and where the project is located.
This tool allows counties to negotiate directly with developers and businesses when necessary. These agreements can take a wide variety of forms and are negotiated based on the specific requirements and project specifications. Generally these agreements help to get projects started much faster than some of the standard legislated solutions such as a MUD district. Call our office at (979) 921-9059 for details if you think your project will benefit from this type of agreement.
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