Relating to the creation of the Alluvium Ranch 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 5684 creates the Alluvium Ranch Municipal Management District No. 1 in Grayson County, Texas, to manage and develop the Alluvium Ranch area. The district will have authority to issue bonds, impose property assessments and fees, and use limited eminent domain power to fund infrastructure and services. It aims to promote economic development, employment, housing, tourism, and public welfare in the district while supplementing, not replacing, existing city and county services. This special district operates under Texas constitutional provisions for municipal management districts.