Tex. Spec. Dist. Local Laws Code Section 8318.203
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 2011, 82nd Leg., R.S., Ch. 413 (S.B. 813), Sec. 1, eff. September 1, 2011.

Added by Acts 2011, 82nd Leg., R.S., Ch. 728 (H.B. 886), Sec. 1, eff. September 1, 2011.

Source: Section 8318.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8318.htm#8318.203 (accessed Jun. 5, 2024).

8318.001
Definitions 8318.002
Nature of District 8318.003
Confirmation and Directors’ Election Required 8318.004
Consent of Municipality Required 8318.005
Findings of Public Purpose and Benefit 8318.006
Initial District Territory 8318.051
Governing Body 8318.052
Temporary Directors 8318.101
General Powers and Duties 8318.102
Municipal Utility District Powers and Duties 8318.103
Authority for Road Projects 8318.104
Road Standards and Requirements 8318.105
Compliance with Municipal Consent Ordinance or Resolution 8318.106
Limitation on Use of Eminent Domain 8318.151
Elections Regarding Taxes or Bonds 8318.152
Operation and Maintenance Tax 8318.153
Contract Taxes 8318.201
Authority to Issue Bonds and Other Obligations 8318.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 8318.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8318.203

Original Source: Section 8318.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8318.htm#8318.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8318.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8318.203
Bonds for Road Projects