Tex. Spec. Dist. Local Laws Code Section 7998.203
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. 620 (H.B. 4272), Sec. 1, eff. June 12, 2017.

Source: Section 7998.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7998.htm#7998.203 (accessed Jun. 5, 2024).

7998.001
Definitions 7998.002
Nature of District 7998.003
Confirmation and Directors’ Election Required 7998.004
Consent of Municipality Required 7998.005
Findings of Public Purpose and Benefit 7998.006
Initial District Territory 7998.051
Governing Body 7998.052
Temporary Directors 7998.101
General Powers and Duties 7998.102
Municipal Utility District Powers and Duties 7998.103
Authority for Road Projects 7998.104
Road Standards and Requirements 7998.105
Compliance with Municipal Consent Ordinance or Resolution 7998.151
Elections Regarding Taxes or Bonds 7998.152
Operation and Maintenance Tax 7998.153
Contract Taxes 7998.201
Authority to Issue Bonds and Other Obligations 7998.202
Taxes for Bonds 7998.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 7998.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7998.203

Original Source: Section 7998.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7998.htm#7998.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7998.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7998.203
Bonds for Road Projects