Tex. Spec. Dist. Local Laws Code Section 8025.0503
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 2019, 86th Leg., R.S., Ch. 938 (H.B. 4691), Sec. 1, eff. June 10, 2019.

Source: Section 8025.0503 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8025.htm#8025.0503 (accessed May 26, 2025).

8025.0101
Definitions 8025.0102
Nature of District 8025.0103
Confirmation and Director Election Required 8025.0104
Consent of Municipality Required 8025.0105
Findings of Public Purpose and Benefit 8025.0106
Initial District Territory 8025.0201
Governing Body 8025.0202
Temporary Directors 8025.0301
General Powers and Duties 8025.0302
Municipal Utility District Powers and Duties 8025.0303
Authority for Road Projects 8025.0304
Road Standards and Requirements 8025.0305
Compliance with Municipal Consent Ordinance or Resolution 8025.0401
Elections Regarding Taxes or Bonds 8025.0402
Operation and Maintenance Tax 8025.0403
Contract Taxes 8025.0501
Authority to Issue Bonds and Other Obligations 8025.0502
Taxes for Bonds 8025.0503
Bonds for Road Projects

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Verified:
May 26, 2025

§ 8025.0503. Bonds for Rd. Projects's source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8025.0503

Original Source: Section 8025.0503 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8025.htm#8025.0503 (last accessed May 10, 2025).

Tex. Spec. Dist. Local Laws Code Section 8025.0503 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8025.0503
Bonds for Road Projects