Tex. Spec. Dist. Local Laws Code Section 8033.0503
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. 930 (H.B. 4631), Sec. 1, eff. September 1, 2019.

Source: Section 8033.0503 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8033.htm#8033.0503 (accessed Apr. 20, 2024).

8033.0101
Definitions 8033.0102
Nature of District 8033.0103
Confirmation and Director Election Required 8033.0104
Consent of Municipality Required 8033.0105
Findings of Public Purpose and Benefit 8033.0106
Initial District Territory 8033.0201
Governing Body 8033.0202
Temporary Directors 8033.0301
General Powers and Duties 8033.0302
Municipal Utility District Powers and Duties 8033.0303
Authority for Road Projects 8033.0304
Road Standards and Requirements 8033.0305
Maintenance of Roads in Territory Outside Corporate Limits of City 8033.0306
Compliance with Municipal Consent Ordinance or Resolution 8033.0307
Division of District 8033.0401
Elections Regarding Taxes or Bonds 8033.0402
Operation and Maintenance Tax 8033.0403
Contract Taxes 8033.0501
Authority to Issue Bonds and Other Obligations 8033.0502
Taxes for Bonds 8033.0503
Bonds for Road Projects

Up to date

Accessed:
Apr. 20, 2024

§ 8033.0503’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8033.0503

Original Source: Section 8033.0503 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8033.htm#8033.0503 (last accessed Apr. 20, 2024).

Tex. Spec. Dist. Local Laws Code Section 8033.0503 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8033.0503
Bonds for Road Projects