The purpose of Chapter 10, Subchapter I is to:
(1) Establish rules governing Developments owned or
sponsored by a Public Facility Corporation (PFC) that are subject
to Sections 303.0421 and 303.0425 of the Texas Local Government Code.
(2) Enable the Department to communicate with Responsible
Parties and persons with an interest in the Development, regarding
the results of the Audit Report.
(3) Establish qualifications for Auditors and reporting
standards and formats.
(4) Implement compliance requirements, tenant protections,
and affirmative marketing requirements, as required by Sections 303.0421
and 303.0425 of the Texas Local Government Code.
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