Tex. Spec. Dist. Local Laws Code Section 3898.153
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs

The district may provide or secure the payment or repayment of any bond, note, or other temporary or permanent obligation or reimbursement or other contract with any person and the costs and expenses of the establishment, administration, and operation of the district and the district’s costs or share of the costs or revenue of an improvement project or district contractual obligation or indebtedness by:

(1)

the imposition of an ad valorem tax or sales and use tax or an assessment, user fee, concession fee, or rental charge; or

(2)

any other revenue or resources of the district, or other revenue authorized by the city, including revenues from a tax increment reinvestment zone created by the city under applicable law.
Added by Acts 2013, 83rd Leg., R.S., Ch. 548 (S.B. 605), Sec. 1, eff. June 14, 2013.

Source: Section 3898.153 — General Powers Regarding Payment of District Bonds, Obligations, or Other Costs, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3898.­htm#3898.­153 (accessed Jun. 5, 2024).

3898.001
Definitions 3898.002
Creation and Nature of District 3898.003
Purpose 3898.004
Findings of Benefit and Public Purpose 3898.005
District Territory 3898.006
Eligibility for Inclusion in Special Zones 3898.007
Applicability of Municipal Management Districts Law 3898.008
Liberal Construction of Chapter 3898.051
Governing Body 3898.052
Qualifications of Directors Appointed by City 3898.053
Appointment of Directors 3898.054
Vacancy 3898.055
Director’s Oath or Affirmation 3898.056
Quorum 3898.057
Officers 3898.058
Compensation 3898.059
Liability Insurance 3898.060
No Executive Committee 3898.061
Board Meetings 3898.101
General Powers and Duties 3898.102
Improvement Projects and Services 3898.103
Location of Improvement Project 3898.104
Development Corporation Powers 3898.105
Nonprofit Corporation 3898.106
Agreements 3898.107
Law Enforcement Services 3898.108
Membership in Charitable Organizations 3898.109
Economic Development 3898.110
No Eminent Domain Power 3898.151
Disbursements and Transfers of Money 3898.152
Money Used for Improvements or Services 3898.153
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs 3898.154
Petition Required for Financing Services and Improvements with Assessments 3898.155
Method of Notice for Hearing 3898.156
Assessments 3898.157
Storm Water User Charges 3898.158
Nonpotable Water User Charges 3898.159
Costs for Improvement Projects 3898.160
Tax and Assessment Abatements 3898.201
Tax Abatement 3898.202
Property Tax Authorized 3898.203
Sales and Use Tax 3898.204
Bonds and Other Obligations 3898.205
Bond Maturity 3898.206
Taxes for Bonds and Other Obligations 3898.251
Dissolution by City Ordinance 3898.252
Collection of Assessments and Other Revenue 3898.253
Concurrence on Additional Powers 3898.254
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3898.153’s source at texas​.gov