Tex. Spec. Dist. Local Laws Code Section 8428.203
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. 822 (S.B. 1847), Sec. 1, eff. June 14, 2013.

Source: Section 8428.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8428.htm#8428.203 (accessed Jun. 5, 2024).

8428.001
Definitions 8428.002
Nature of District 8428.003
Confirmation and Directors’ Election Required 8428.004
Consent of Municipality Required 8428.005
Findings of Public Purpose and Benefit 8428.006
Initial District Territory 8428.051
Governing Body 8428.052
Temporary Directors 8428.101
General Powers and Duties 8428.102
Municipal Utility District Powers and Duties 8428.103
Authority for Road Projects 8428.104
Road Standards and Requirements 8428.105
Compliance with Municipal Consent Ordinance or Resolution 8428.151
Elections Regarding Taxes or Bonds 8428.152
Operation and Maintenance Tax 8428.153
Contract Taxes 8428.201
Authority to Issue Bonds and Other Obligations 8428.202
Taxes for Bonds 8428.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 8428.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8428.203

Original Source: Section 8428.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8428.htm#8428.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8428.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8428.203
Bonds for Road Projects