Tex. Spec. Dist. Local Laws Code Section 7928.203
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. 668 (H.B. 4134), Sec. 1, eff. June 17, 2015.

Source: Section 7928.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7928.htm#7928.203 (accessed Jun. 5, 2024).

7928.001
Definitions 7928.002
Nature of District 7928.003
Confirmation and Directors’ Election Required 7928.004
Consent of Municipality Required 7928.005
Findings of Public Purpose and Benefit 7928.006
Initial District Territory 7928.051
Governing Body 7928.052
Temporary Directors 7928.101
General Powers and Duties 7928.102
Municipal Utility District Powers and Duties 7928.103
Authority for Road Projects 7928.104
Road Standards and Requirements 7928.105
Compliance with Municipal Consent Ordinance or Resolution 7928.151
Elections Regarding Taxes or Bonds 7928.152
Operation and Maintenance Tax 7928.153
Contract Taxes 7928.201
Authority to Issue Bonds and Other Obligations 7928.202
Taxes for Bonds 7928.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 7928.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7928.203

Original Source: Section 7928.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7928.htm#7928.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7928.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7928.203
Bonds for Road Projects