Tex. Spec. Dist. Local Laws Code Section 8509.0306
Bonds Payable from Ad Valorem Taxes


The board may issue bonds payable, as pledged by board resolution, from:

(1)

ad valorem taxes imposed on taxable property in the district; or

(2)

ad valorem taxes and revenue of the district.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.

Source: Section 8509.0306 — Bonds Payable from Ad Valorem Taxes, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8509.­htm#8509.­0306 (accessed Jun. 5, 2024).

8509.0001
Definitions
8509.0002
Nature of District
8509.0003
Findings of Benefit and Public Purpose
8509.0004
District Territory
8509.0005
Correction of Invalid Procedures
8509.0051
Annexation of Territory
8509.0052
Withdrawal from or Dissolution of District
8509.0101
Composition of Board
8509.0102
Qualifications for Office
8509.0103
Removal
8509.0104
Vacancy
8509.0105
Officers
8509.0106
Vote by Board President
8509.0107
Employees
8509.0108
Director’s and Treasurer’s Bonds
8509.0109
Compensation of Directors
8509.0110
Interest in Contract
8509.0111
Director Training Program
8509.0112
Separation of Policymaking and Management Functions
8509.0113
Complaints
8509.0114
Negotiated Rulemaking and Alternative Dispute Resolution
8509.0115
Public Comment Policy
8509.0116
Expenditures
8509.0117
Seal
8509.0151
General Water Supply Powers
8509.0152
General Property Power
8509.0153
Contracts to Supply Water and Operate Facilities
8509.0154
Control of Storm and Flood Waters
8509.0155
District to Receive and Accept Technical and Financial Assistance
8509.0156
Water Appropriation Permits
8509.0157
Underground Sources of Water
8509.0158
Limitation on Construction of Certain Facilities
8509.0159
Disposal of District Property
8509.0160
Eminent Domain
8509.0161
Cost of Relocating or Altering Property
8509.0162
Certain Powers Related to District Property
8509.0163
Parks and Recreation Facilities
8509.0164
Surveys and Investigations
8509.0201
Adoption of Rules
8509.0202
Enforcement of Rules
8509.0203
Notice of Rule Providing Penalty
8509.0204
Judicial Notice of Rules
8509.0205
Enforcement by Peace Officers
8509.0251
Tax Method
8509.0252
Authority to Impose Tax
8509.0253
Depository
8509.0254
Payment of Tax or Assessment Not Required
8509.0301
Authority to Issue Bonds
8509.0302
Form of Bonds
8509.0303
Maturity
8509.0304
Election for Bonds Payable from Ad Valorem Taxes
8509.0305
Bonds Payable from Revenue
8509.0306
Bonds Payable from Ad Valorem Taxes
8509.0307
Tax and Rate Requirements
8509.0308
Additional Security
8509.0309
Trust Indenture
8509.0310
Interim Bonds or Notes
8509.0311
Use of Bond Proceeds
8509.0312
Appointment of Receiver
8509.0313
Refunding Bonds
8509.0314
Limitation on Rights of Bondholders
8509.0315
Bonds Exempt from Taxation

Accessed:
Jun. 5, 2024

§ 8509.0306’s source at texas​.gov