Tex. Spec. Dist. Local Laws Code Section 8478.253
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. 385 (H.B. 3925), Sec. 2, eff. September 1, 2013.

Source: Section 8478.253 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8478.htm#8478.253 (accessed Jun. 5, 2024).

8478.001
Definitions 8478.002
Nature of District 8478.003
Confirmation and Directors’ Election Required 8478.004
Consent of Municipality Required 8478.005
Findings of Public Purpose and Benefit 8478.006
Initial District Territory 8478.007
Annexation by Municipality 8478.051
Governing Body 8478.052
Temporary Directors 8478.101
General Powers and Duties 8478.102
Municipal Utility District Powers and Duties 8478.103
Authority for Road Projects 8478.104
Road Standards and Requirements 8478.105
Compliance with Municipal Consent Ordinance or Resolution 8478.151
Division of District 8478.152
Law Applicable to New District 8478.153
Limitation on Area of New District 8478.154
Division Procedures 8478.155
Confirmation Election for New District 8478.156
Tax or Bond Election 8478.201
Elections Regarding Taxes or Bonds 8478.202
Operation and Maintenance Tax 8478.203
Contract Taxes 8478.251
Authority to Issue Bonds and Other Obligations 8478.252
Taxes for Bonds 8478.253
Bonds for Road Projects

Up to date

Accessed:
Jun. 5, 2024

§ 8478.253’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8478.253

Original Source: Section 8478.253 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8478.htm#8478.253 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 8478.253 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8478.253
Bonds for Road Projects