Tex. Spec. Dist. Local Laws Code Section 7935.203
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. 884 (H.B. 4179), Sec. 1, eff. June 18, 2015.

Source: Section 7935.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7935.htm#7935.203 (accessed Apr. 20, 2024).

7935.001
Definitions 7935.002
Nature of District 7935.003
Confirmation and Directors’ Election Required 7935.004
Consent of Municipality Required 7935.005
Findings of Public Purpose and Benefit 7935.006
Initial District Territory 7935.051
Governing Body 7935.052
Temporary Directors 7935.101
General Powers and Duties 7935.102
Municipal Utility District Powers and Duties 7935.103
Authority for Road Projects 7935.104
Road Standards and Requirements 7935.105
Compliance with Municipal Consent Ordinance or Resolution 7935.151
Elections Regarding Taxes or Bonds 7935.152
Operation and Maintenance Tax 7935.153
Contract Taxes 7935.201
Authority to Issue Bonds and Other Obligations 7935.202
Taxes for Bonds 7935.203
Bonds for Road Projects

Up to date

Accessed:
Apr. 20, 2024

§ 7935.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7935.203

Original Source: Section 7935.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7935.htm#7935.203 (last accessed Apr. 20, 2024).

Tex. Spec. Dist. Local Laws Code Section 7935.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7935.203
Bonds for Road Projects