Tex. Spec. Dist. Local Laws Code Section 8212.202
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. 581 (S.B. 1963), Sec. 1, eff. June 16, 2007.

Source: Section 8212.202 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8212.htm#8212.202 (accessed Jun. 5, 2024).

8212.001
Definitions 8212.002
Nature of District 8212.003
Confirmation Election Required 8212.004
Findings of Benefit and Public Purpose 8212.005
Initial District Territory 8212.051
Governing Body 8212.101
General Powers and Duties 8212.102
Municipal Utility District Powers and Duties 8212.103
Road Projects 8212.104
Compliance with Municipal Consent Resolution 8212.105
Recreational Facilities 8212.151
Elections Regarding Taxes or Bonds 8212.152
Operation and Maintenance Tax 8212.201
Authority to Issue Bonds and Other Obligations 8212.202
Bonds for Road Projects 8212.203
Bonds for Recreational Facilities 8212.204
Taxes for Bonds and Other Obligations

Up to date

Accessed:
Jun. 5, 2024

§ 8212.202’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8212.202

Original Source: Section 8212.202 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8212.htm#8212.202 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8212.202 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8212.202
Bonds for Road Projects