Tex. Spec. Dist. Local Laws Code Section 3942.0506
Consent of Municipality Required

(a)

The board may not issue bonds until each municipality in whose corporate limits or extraterritorial jurisdiction the district is located has consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district as required by applicable law.

(b)

This section applies only to the district’s first issuance of bonds payable from ad valorem taxes.

Added by Acts 2023, 88th Leg., R.S., Ch. 792 (H.B. 5398), Sec. 1, eff. June 13, 2023.

Source: Section 3942.0506 — Consent of Municipality Required, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3942.htm#3942.0506 (accessed Jun. 5, 2024).

3942.0101
Definitions 3942.0102
Nature of District 3942.0103
Purpose 3942.0104
Findings of Benefit and Public Purpose 3942.0105
Initial District Territory 3942.0106
Eligibility for Inclusion in Special Zones 3942.0107
Applicability of Municipal Management Districts Law 3942.0108
Construction of Chapter 3942.0201
Governing Body 3942.0202
Compensation 3942.0203
Temporary Directors 3942.0301
General Powers and Duties 3942.0302
Improvement Projects and Services 3942.0303
Law Enforcement Services 3942.0304
Membership in Charitable Organizations 3942.0305
Economic Development Programs 3942.0306
Parking Facilities 3942.0307
Adding or Excluding Land 3942.0308
Disbursements and Transfers of Money 3942.0309
No Eminent Domain Power 3942.0401
Petition Required for Financing Services and Improvements with Assessments 3942.0402
Assessments 3942.0501
Tax Election Required 3942.0502
Operation and Maintenance Tax 3942.0503
Authority to Borrow Money and to Issue Bonds and Other Obligations 3942.0504
Bonds Secured by Revenue or Contract Payments 3942.0505
Bonds Secured by Ad Valorem Taxes 3942.0506
Consent of Municipality Required 3942.0901
Dissolution

Accessed:
Jun. 5, 2024

§ 3942.0506’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3942.0506

Original Source: Section 3942.0506 — Consent of Municipality Required, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3942.htm#3942.0506 (last accessed Jun. 5, 2024).