Tex. Spec. Dist. Local Laws Code Section 8445.203
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. 771 (S.B. 1068), Sec. 1, eff. June 14, 2013.

Source: Section 8445.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8445.htm#8445.203 (accessed Jun. 5, 2024).

8445.001
Definitions 8445.002
Nature of District 8445.003
Confirmation and Directors’ Election Required 8445.004
Consent of Municipality Required 8445.005
Findings of Public Purpose and Benefit 8445.006
Initial District Territory 8445.051
Governing Body 8445.052
Temporary Directors 8445.101
General Powers and Duties 8445.102
Municipal Utility District Powers and Duties 8445.103
Authority for Road Projects 8445.104
Road Standards and Requirements 8445.105
Compliance with Municipal Consent Ordinance or Resolution 8445.151
Elections Regarding Taxes or Bonds 8445.152
Operation and Maintenance Tax 8445.153
Contract Taxes 8445.201
Authority to Issue Bonds and Other Obligations 8445.202
Taxes for Bonds 8445.203
Bonds for Road Projects

Up to date

Accessed:
Jun. 5, 2024

§ 8445.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8445.203

Original Source: Section 8445.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8445.htm#8445.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8445.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8445.203
Bonds for Road Projects