Sec. 375.308. POWERS OF THE AUTHORITY; MUNICIPALITY. (a) An authority: (1) may plan, design, implement, develop, construct, and finance eligible projects as defined in this subchapter; and (2) has the powers of a municipality under Chapter 378 , as added by Chapter 1221, Acts of the 76th Legislature, Regular Session, 1999, and Chapter 380 . (b) An authority may not: (1) issue bonds or notes without the prior approval of the governing body of the municipality that created the authority; (2) seek a charter for or operate, within the boundaries of the authority, an open-enrollment charter school authorized by Subchapter D , Chapter 12 , Education Code; or (3) levy ad valorem property taxes. (c) A municipality may not seek a charter for or operate an open-enrollment charter school authorized by Subchapter D , Chapter 12 , Education Code, within the boundaries of the authority.
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