Relating to the creation of the Pura Vida Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.

HB 5677 creates the Pura Vida Municipal Management District No. 1 in Mustang Ridge, Texas, to promote economic development, tourism, recreation, and public welfare within its boundaries. The bill grants the district authority to issue bonds for financing projects, impose fees and taxes on properties within the district, and use limited eminent domain to acquire property for district purposes. It explicitly states the district is intended to supplement, not replace, existing city services provided to the area. The district’s creation aligns with Texas Constitution provisions for special districts focused on public purposes like job growth, commerce, and community safety.