Tex. Spec. Dist. Local Laws Code Section 8473.203
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. 626 (S.B. 1900), Sec. 1, eff. June 14, 2013.

Source: Section 8473.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8473.htm#8473.203 (accessed Jun. 5, 2024).

8473.001
Definitions 8473.002
Nature of District 8473.003
Confirmation and Directors’ Election Required 8473.004
Consent of Municipality Required 8473.005
Findings of Public Purpose and Benefit 8473.006
Initial District Territory 8473.051
Governing Body 8473.052
Temporary Directors 8473.101
General Powers and Duties 8473.102
Municipal Utility District Powers and Duties 8473.103
Authority for Road Projects 8473.104
Road Standards and Requirements 8473.105
Compliance with Municipal Consent Ordinance or Resolution 8473.151
Elections Regarding Taxes or Bonds 8473.152
Operation and Maintenance Tax 8473.153
Contract Taxes 8473.201
Authority to Issue Bonds and Other Obligations 8473.202
Taxes for Bonds 8473.203
Bonds for Road Projects 8473.251
Petition Required for Financing Improvements and Recreational Facilities with Assessments 8473.252
Miscellaneous Design, Construction, and Maintenance 8473.253
Method of Notice for Hearing 8473.254
Assessments 8473.255
Utility Property Exempt from Assessments

Accessed:
Jun. 5, 2024

§ 8473.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8473.203

Original Source: Section 8473.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8473.htm#8473.203 (last accessed Jun. 5, 2024).