Tex. Spec. Dist. Local Laws Code Section 3953.252
Collection of Assessments and Other Revenue

(a)

If the dissolved district has bonds or other obligations outstanding secured by and payable from assessments or other revenue, other than ad valorem taxes, the city shall succeed to the rights and obligations of the district regarding enforcement and collection of the assessments or other revenue.

(b)

The city shall have and exercise all district powers to enforce and collect the assessments or other revenue to pay:

(1)

the bonds or other obligations when due and payable according to their terms; or

(2)

special revenue or assessment bonds or other obligations issued by the city to refund the outstanding bonds or obligations.
Added by Acts 2017, 85th Leg., R.S., Ch. 630 (H.B. 4297), Sec. 1, eff. June 12, 2017.

Source: Section 3953.252 — Collection of Assessments and Other Revenue, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3953.­htm#3953.­252 (accessed Jun. 5, 2024).

3953.001
Definitions 3953.002
Nature of District 3953.003
Purpose 3953.004
Findings of Benefit and Public Purpose 3953.005
Initial District Territory 3953.006
Eligibility for Inclusion in Special Zones 3953.007
Applicability of Municipal Management Districts Law 3953.008
Construction of Chapter 3953.051
Governing Body 3953.052
Appointment of Voting Directors 3953.053
Nonvoting Directors 3953.054
Removal of Directors 3953.055
Quorum 3953.101
General Powers and Duties 3953.102
Improvement Projects and Services 3953.103
Location of Improvement Project 3953.104
Public Improvement District Powers 3953.105
Municipal Management District Powers 3953.106
Development Corporation Powers 3953.107
Nonprofit Corporation 3953.108
Agreements 3953.109
Law Enforcement Services 3953.110
Membership in Charitable Organizations 3953.111
Economic Development 3953.112
Parking Facilities 3953.113
Annexation or Exclusion of Land 3953.114
Approval by City 3953.115
Concurrence on Additional Powers 3953.116
No Eminent Domain Power 3953.151
Disbursements and Transfers of Money 3953.152
Money Used for Improvements or Services 3953.153
Petition Required for Financing Services and Improvements with Assessments 3953.154
Assessments 3953.155
Residential Property Not Exempt 3953.156
Tax and Assessment Abatements 3953.201
Tax Abatement 3953.202
Elections Regarding Taxes and Bonds 3953.203
Operation and Maintenance Tax 3953.204
Contract Taxes 3953.205
Authority to Borrow Money and to Issue Bonds and Other Obligations 3953.206
Taxes for Bonds 3953.251
Dissolution by City Ordinance 3953.252
Collection of Assessments and Other Revenue 3953.253
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3953.252’s source at texas​.gov