Tex. Spec. Dist. Local Laws Code Section 7982.251
Authority to Issue Bonds and Other Obligations

The district may issue bonds or other obligations payable wholly or partly from ad valorem taxes, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources, to pay for any authorized district purpose.

Added by Acts 2017, 85th Leg., R.S., Ch. 632 (H.B. 4301), Sec. 1, eff. June 12, 2017.

Source: Section 7982.251 — Authority to Issue Bonds and Other Obligations, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7982.htm#7982.251 (accessed Jun. 5, 2024).

7982.001
Definitions 7982.002
Nature of District 7982.003
Confirmation and Directors’ Election Required 7982.004
Consent of Municipality Required 7982.005
Findings of Public Purpose and Benefit 7982.006
Initial District Territory 7982.007
Applicability of Other Law 7982.051
Governing Body 7982.052
Temporary Directors 7982.101
General Powers and Duties 7982.102
Municipal Utility District Powers and Duties 7982.103
Authority for Road Projects 7982.104
Road Standards and Requirements 7982.105
Improvement Projects 7982.106
Compliance with Municipal Consent Ordinance or Resolution 7982.107
Limitation on Groundwater Use 7982.108
Division of District 7982.109
Strategic Partnership Agreement 7982.151
Elections Regarding Taxes or Bonds 7982.152
Operation and Maintenance Tax 7982.153
Contract Taxes 7982.201
Petition Required for Financing Recreational Facility or Improvement by Assessment 7982.202
Method of Notice for Hearing 7982.203
Assessments 7982.204
Utility Property Exempt from Impact Fees and Assessments 7982.251
Authority to Issue Bonds and Other Obligations 7982.252
Taxes for Bonds 7982.253
Bonds for Road Projects 7982.301
Authority to Establish Defined Areas or Designated Property 7982.302
Procedure for Election 7982.303
Declaring Result and Issuing Order 7982.304
Taxes for Services, Improvements, and Facilities in Defined Areas or Designated Property 7982.305
Issuance of Bonds for Defined Area or Designated Property

Accessed:
Jun. 5, 2024

§ 7982.251’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7982.251

Original Source: Section 7982.251 — Authority to Issue Bonds and Other Obligations, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7982.htm#7982.251 (last accessed Jun. 5, 2024).