Tex. Spec. Dist. Local Laws Code Section 8119.151
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. 640 (H.B. 4334), Sec. 5(c), eff. June 12, 2017.

Added by Acts 2017, 85th Leg., R.S., Ch. 658 (S.B. 2252), Sec. 3, eff. June 12, 2017.

Source: Section 8119.151 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8119.htm#8119.151 (accessed May 26, 2025).

8119.001
Definitions 8119.002
Nature of District 8119.004
Initial District Territory 8119.005
Applicability of Other Water Districts Law 8119.021
Temporary Directors 8119.022
Organizational Meeting of Temporary Directors 8119.023
Confirmation and Initial Directors’ Election 8119.024
Initial Elected Directors 8119.025
First Regularly Scheduled Election of Directors 8119.051
Directors 8119.052
Election of Directors 8119.101
Utilities 8119.102
Compliance with Municipal Consent Ordinances or Resolutions 8119.103
Limitation on Use of Eminent Domain 8119.104
Authority for Road Projects 8119.105
Road Standards and Requirements 8119.106
Division of District 8119.151
Bonds for Road Projects

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Verified:
May 26, 2025

§ 8119.151. 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_8119.151

Original Source: Section 8119.151 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8119.htm#8119.151 (last accessed May 10, 2025).

Tex. Spec. Dist. Local Laws Code Section 8119.151 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8119.151
Bonds for Road Projects