Tex. Spec. Dist. Local Laws Code Section 8494.203
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 2015, 84th Leg., R.S., Ch. 866 (H.B. 2091), Sec. 1.01, eff. September 1, 2015.

Source: Section 8494.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8494.htm#8494.203 (accessed Apr. 20, 2024).

8494.001
Definitions 8494.002
Nature of District 8494.003
Confirmation and Directors’ Election Required 8494.004
Consent of Municipality Required 8494.005
Findings of Public Purpose and Benefit 8494.006
Initial District Territory 8494.051
Governing Body 8494.052
Temporary Directors 8494.101
General Powers and Duties 8494.102
Municipal Utility District Powers and Duties 8494.103
Authority for Road Projects 8494.104
Road Standards and Requirements 8494.105
Compliance with Municipal Consent Ordinance or Resolution 8494.151
Elections Regarding Taxes or Bonds 8494.152
Operation and Maintenance Tax 8494.153
Contract Taxes 8494.201
Authority to Issue Bonds and Other Obligations 8494.202
Taxes for Bonds 8494.203
Bonds for Road Projects

Up to date

Accessed:
Apr. 20, 2024

§ 8494.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8494.203

Original Source: Section 8494.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8494.htm#8494.203 (last accessed Apr. 20, 2024).

Tex. Spec. Dist. Local Laws Code Section 8494.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 8494.203
Bonds for Road Projects