A proposed amendment to an agreement with the City of Houston has been unanimously approved by the board of directors. This amendment would prevent Houston from annexing a community and also end a regional project fund that is sales-tax-funded.

The agreement has been in place for a long time and the proposed changes are significant. However, the City of Houston still needs to vote on the agreement for it to take effect.

Further details about the proposed amendment and its potential impact are available from the source. The proposed deal is valued at $50M and would have a permanent effect on annexation.