Tex. Spec. Dist. Local Laws Code Section 8206.202
Bonds for Road Projects

At the time of issuance, the total principal amount of a bond, note, or other obligation issued or incurred to finance a road project may not exceed one-fourth of the assessed value of real property in the district according to the most recent certified tax appraisal roll for Montgomery County.

Added by Acts 2007, 80th Leg., R.S., Ch. 439 (S.B. 1966), Sec. 1, eff. June 15, 2007.

Source: Section 8206.202 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8206.htm#8206.202 (accessed Jun. 5, 2024).

8206.001
Definitions 8206.002
Nature of District 8206.003
Confirmation Election Required 8206.004
Findings of Benefit and Public Purpose 8206.005
Initial District Territory 8206.051
Governing Body 8206.101
General Powers and Duties 8206.102
Municipal Utility District Powers and Duties 8206.103
Road Projects 8206.104
Compliance with Municipal Consent Resolution 8206.105
Recreational Facilities 8206.151
Elections Regarding Taxes or Bonds 8206.152
Operation and Maintenance Tax 8206.201
Authority to Issue Bonds and Other Obligations 8206.202
Bonds for Road Projects 8206.203
Bonds for Recreational Facilities 8206.204
Taxes for Bonds and Other Obligations

Up to date

Accessed:
Jun. 5, 2024

§ 8206.202’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8206.202

Original Source: Section 8206.202 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8206.htm#8206.202 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8206.202 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8206.202
Bonds for Road Projects