Tex. Spec. Dist. Local Laws Code Section 8120.151
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. 6(c), eff. June 12, 2017.

Added by Acts 2017, 85th Leg., R.S., Ch. 659 (S.B. 2253), Sec. 3, eff. June 12, 2017.

Source: Section 8120.151 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8120.htm#8120.151 (accessed Jun. 5, 2024).

8120.001
Definitions 8120.002
Nature of District 8120.004
Initial District Territory 8120.005
Applicability of Other Water Districts Law 8120.021
Temporary Directors 8120.022
Organizational Meeting of Temporary Directors 8120.023
Confirmation and Initial Directors’ Election 8120.024
Initial Elected Directors 8120.025
First Regularly Scheduled Election of Directors 8120.051
Directors 8120.052
Election of Directors 8120.101
Utilities 8120.102
Compliance with Municipal Consent Ordinances or Resolutions 8120.103
Limitation on Use of Eminent Domain 8120.104
Authority for Road Projects 8120.105
Road Standards and Requirements 8120.106
Division of District 8120.151
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 8120.151’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8120.151

Original Source: Section 8120.151 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8120.htm#8120.151 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8120.151 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8120.151
Bonds for Road Projects