Tex. Spec. Dist. Local Laws Code Section 7927.203
Bonds for Road Projects

At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district.

Added by Acts 2015, 84th Leg., R.S., Ch. 63 (H.B. 4126), Sec. 1, eff. September 1, 2015.

Source: Section 7927.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7927.htm#7927.203 (accessed Jun. 5, 2024).

7927.001
Definitions 7927.002
Nature of District 7927.003
Confirmation and Directors’ Election Required 7927.004
Consent of Municipality Required 7927.005
Findings of Public Purpose and Benefit 7927.006
Initial District Territory 7927.051
Governing Body 7927.052
Temporary Directors 7927.101
General Powers and Duties 7927.102
Municipal Utility District Powers and Duties 7927.103
Authority for Road Projects 7927.104
Road Standards and Requirements 7927.105
Compliance with Municipal Consent Ordinance or Resolution 7927.151
Elections Regarding Taxes or Bonds 7927.152
Operation and Maintenance Tax 7927.153
Contract Taxes 7927.201
Authority to Issue Bonds and Other Obligations 7927.202
Taxes for Bonds 7927.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 7927.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7927.203

Original Source: Section 7927.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7927.htm#7927.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7927.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7927.203
Bonds for Road Projects