Tex. Spec. Dist. Local Laws Code Section 3899.205
Taxes for Bonds


At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct annual ad valorem tax, without limit as to rate or amount, for each year that all or part of the bonds are outstanding as required and in the manner provided by Sections 54.601 (Tax Levy for Bonds) and 54.602 (Establishment of Tax Rate in Each Year), Water Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 857 (H.B. 3834), Sec. 1, eff. June 17, 2011.

Source: Section 3899.205 — Taxes for Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3899.­htm#3899.­205 (accessed Jun. 5, 2024).

3899.001
Definitions
3899.002
Nature of District
3899.003
Purpose
3899.004
Findings of Benefit and Public Purpose
3899.005
Initial District Territory
3899.006
Eligibility for Inclusion in Special Zones
3899.007
Applicability of Municipal Management Districts Law
3899.008
Liberal Construction of Chapter
3899.051
Governing Body
3899.052
Appointment of Voting Directors
3899.053
Nonvoting Directors
3899.054
Quorum
3899.101
General Powers and Duties
3899.102
Improvement Projects and Services
3899.103
Development Corporation Powers
3899.104
Nonprofit Corporation
3899.105
Agreements
3899.106
Law Enforcement Services
3899.107
Membership in Charitable Organizations
3899.108
Economic Development
3899.109
Parking Facilities
3899.110
Annexation or Exclusion of Land
3899.111
Strategic Partnership Agreement
3899.112
No Eminent Domain Power
3899.151
Tax and Assessment Abatements
3899.152
Disbursements and Transfers of Money
3899.153
Money Used for Improvements or Services
3899.154
Petition Required for Financing Services and Improvements with Assessments
3899.155
Method of Notice for Hearing
3899.156
Assessments
3899.157
Competitive Bidding
3899.201
Elections Regarding Taxes and Bonds
3899.202
Operation and Maintenance Tax
3899.203
Contract Taxes
3899.204
Authority to Borrow Money and to Issue Bonds and Other Obligations
3899.205
Taxes for Bonds
3899.206
Taxes and Bonds for Recreational Facilities
3899.251
Authority to Establish Defined Areas or Designated Property
3899.252
Procedure for Election
3899.253
Declaring Result and Issuing Order
3899.254
Taxes for Services, Improvements, and Facilities in Defined Areas or Designated Property
3899.255
Issuance of Bonds for Defined Areas or Designated Property

Accessed:
Jun. 5, 2024

§ 3899.205’s source at texas​.gov