The Municipal Development District Board of Directors members are appointed by the City Council and serve two-year staggered terms. Terms expire in July of each year. Currently, Economic Development Corporation members serve dual roles as Municipal Development District members.
Deborah Armstrong, President Term expires: July 2023
James Hankins, Vice President Term expires: July 2023
On May 14, 2011, voters in Oak Point and the Oak Point extraterritorial jurisdiction (ETJ) voted to create the Oak Point Municipal Development District (MDD) and impose a 0.25% sales and use tax within the Oak Point City limits and ETJ for the purpose of financing development projects beneficial to the MDD. Authorized projects include land, buildings, equipment, facilities, and improvements associated with:
Business development in certain small municipalities
Business enterprises that create or retain primary jobs
Variety of recreational or community facilities
Water supply facilities and water conservation programs
The Board of the Oak Point MDD consists of seven members that recommend funding of authorized projects to the City Council.