Relating to the powers and duties and validating certain acts and proceedings of the Cole Ranch Improvement District No. 1 of Denton County, Texas.

SB 3052 validates all prior actions taken by the Cole Ranch Improvement District No. 1 in Denton County, Texas, before the bill's effective date, except for matters already invalidated by court judgment or currently in litigation. It amends bond limits for the district, capping ad valorem tax bonds at 10% of the district's total property value and capping contract payment bonds at 10% of all districts' property value under the same contract. The bill ensures the district retains all existing powers and duties while confirming compliance with notice and procedural requirements under Texas law. It took effect immediately upon passage on June 20, 2025, directly affecting the Cole Ranch Improvement District and its property owners.