Tex. Spec. Dist. Local Laws Code Section 3952.253
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 debt by:

(1)

a lease, installment purchase contract, or other agreement; or

(2)

any other revenue or resources of the district or other revenue authorized by the city, including revenue from a tax increment reinvestment zone created by the city.
Added by Acts 2017, 85th Leg., R.S., Ch. 645 (H.B. 4347), Sec. 1, eff. June 12, 2017.

Source: Section 3952.253 — General Powers Regarding Payment of District Bonds, Obligations, or Other Costs, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3952.­htm#3952.­253 (accessed Jun. 5, 2024).

3952.001
Definitions 3952.002
Precondition 3952.003
Creation and Nature of District 3952.004
Purpose 3952.005
Findings of Benefit and Public Purpose 3952.006
Initial District Territory 3952.007
Applicability of Municipal Management District Law 3952.051
Governing Body 3952.052
Qualifications 3952.053
Appointment of Directors 3952.054
Ex Officio Directors 3952.055
Vacancy 3952.056
Director’s Oath or Affirmation 3952.057
Officers 3952.058
Compensation 3952.059
Liability Insurance 3952.060
Board Meetings 3952.061
Conflicts of Interest 3952.062
Initial Directors 3952.101
Improvement Projects 3952.102
Water District Powers 3952.103
Road District Powers 3952.104
Rules 3952.105
Name Change 3952.106
Terms of Employment 3952.107
No Eminent Domain Power 3952.151
Board Determination Required 3952.152
City Requirements 3952.153
Additional City Powers Regarding Improvement Projects 3952.154
Lake 3952.201
General Contract Powers 3952.202
Contract Terms 3952.203
Reimbursement of Costs 3952.204
Contract for Improvement Project 3952.205
No Further Contract Authorization Required 3952.251
Development Agreement and Consent Application Required to Borrow Money or Impose Taxes or Assessments, Including Bonds 3952.252
Borrowing Money 3952.253
General Powers Regarding Payment of District Bonds, Obligations, or Other Costs 3952.254
Petition Required for Financing Services and Improvements with Assessments 3952.255
Assessments 3952.256
Nonpotable Water User Charges 3952.257
Costs for Improvement Projects 3952.301
Bonds and Other Obligations 3952.302
Bond Maturity 3952.303
Taxes for Bonds and Other Obligations 3952.304
Election Required for Taxes or Bonds 3952.305
Tax Rate 3952.306
Issuer Powers for Certain Public Improvements 3952.351
Dissolution by City Ordinance 3952.352
Collection of Assessments and Other Revenue 3952.353
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3952.253’s source at texas​.gov