Tex. Spec. Dist. Local Laws Code Section 8416.203
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 2013, 83rd Leg., R.S., Ch. 739 (S.B. 273), Sec. 1, eff. June 14, 2013.

Source: Section 8416.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8416.htm#8416.203 (accessed Jun. 5, 2024).

8416.001
Definitions 8416.002
Nature of District 8416.003
Confirmation and Directors’ Election Required 8416.004
Consent of Municipality Required 8416.005
Findings of Public Purpose and Benefit 8416.006
Initial District Territory 8416.051
Governing Body 8416.052
Temporary Directors 8416.101
General Powers and Duties 8416.102
Municipal Utility District Powers and Duties 8416.103
Authority for Road Projects 8416.104
Road Standards and Requirements 8416.105
Compliance with Municipal Consent Ordinance or Resolution 8416.151
Elections Regarding Taxes or Bonds 8416.152
Operation and Maintenance Tax 8416.153
Contract Taxes 8416.201
Authority to Issue Bonds and Other Obligations 8416.202
Taxes for Bonds 8416.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 8416.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8416.203

Original Source: Section 8416.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8416.htm#8416.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8416.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8416.203
Bonds for Road Projects