Tex. Spec. Dist. Local Laws Code Section 7979.203
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 2017, 85th Leg., R.S., Ch. 619 (H.B. 4270), Sec. 1, eff. June 12, 2017.

Source: Section 7979.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7979.htm#7979.203 (accessed Apr. 13, 2024).

7979.001
Definitions 7979.002
Nature of District 7979.003
Findings of Public Purpose and Benefit 7979.004
District Territory 7979.051
General Powers and Duties 7979.052
Municipal Utility District Powers and Duties 7979.053
Authority for Road Projects 7979.054
Road Standards and Requirements 7979.055
Strategic Partnership Agreement 7979.101
Elections Regarding Taxes or Bonds 7979.102
Operation and Maintenance Tax 7979.103
Contract Taxes 7979.151
Petition Required for Financing Recreational Facilities, Improvements, and Services with Assessments 7979.152
Method of Notice for Hearing 7979.153
Assessments 7979.154
Utility Property Exempt from Impact Fees and Assessments 7979.201
Authority to Issue Bonds and Other Obligations 7979.202
Taxes for Bonds 7979.203
Bonds for Road Projects

Up to date

Accessed:
Apr. 13, 2024

§ 7979.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7979.203

Original Source: Section 7979.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7979.htm#7979.203 (last accessed Apr. 13, 2024).

Tex. Spec. Dist. Local Laws Code Section 7979.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7979.203
Bonds for Road Projects