Tex. Spec. Dist. Local Laws Code Section 8479.253
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. 4, eff. September 1, 2013.

Source: Section 8479.253 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8479.htm#8479.253 (accessed May 4, 2024).

8479.001
Definitions 8479.002
Nature of District 8479.003
Confirmation and Directors’ Election Required 8479.004
Consent of Municipality Required 8479.005
Findings of Public Purpose and Benefit 8479.006
Initial District Territory 8479.007
Annexation by Municipality 8479.051
Governing Body 8479.052
Temporary Directors 8479.101
General Powers and Duties 8479.102
Municipal Utility District Powers and Duties 8479.103
Authority for Road Projects 8479.104
Road Standards and Requirements 8479.105
Compliance with Municipal Consent Ordinance or Resolution 8479.151
Division of District 8479.152
Law Applicable to New District 8479.153
Limitation on Area of New District 8479.154
Division Procedures 8479.155
Confirmation Election for New District 8479.156
Tax or Bond Election 8479.201
Elections Regarding Taxes or Bonds 8479.202
Operation and Maintenance Tax 8479.203
Contract Taxes 8479.251
Authority to Issue Bonds and Other Obligations 8479.252
Taxes for Bonds 8479.253
Bonds for Road Projects

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Accessed:
May 4, 2024

§ 8479.253’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8479.253

Original Source: Section 8479.253 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8479.htm#8479.253 (last accessed May 4, 2024).

Tex. Spec. Dist. Local Laws Code Section 8479.253 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8479.253
Bonds for Road Projects