Relating to the creation of the Rivers Market Place Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.

HB 5678 creates the Rivers Market Place Municipal Management District in Elgin, Texas, to promote economic development and public welfare within its boundaries. The district will have authority to issue bonds, impose assessments, fees, and taxes on properties in the area, and use limited eminent domain to acquire land for development projects. It is designed to supplement, not replace, existing city services provided in the district. The district aims to foster employment, commerce, tourism, recreation, and community improvements to enhance the area's economic vitality and safety.