Tex. Spec. Dist. Local Laws Code Section 8511.0709
Additional Provisions in Resolution Authorizing Bonds or Trust Indenture

(a)

The resolution authorizing the bonds or the trust indenture further securing the bonds may specify additional provisions that constitute a contract between the authority and its bondholders.

(b)

The board has full discretion in providing for the additional provisions, including the authority to provide for a corporate trustee or receiver to take possession of authority facilities if the authority defaults in fulfilling the covenants made in the resolution or trust indenture.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.

Source: Section 8511.0709 — Additional Provisions in Resolution Authorizing Bonds or Trust Indenture, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8511.­htm#8511.­0709 (accessed Jun. 5, 2024).

8511.0101
Definitions 8511.0102
Nature of Authority 8511.0103
Purpose of Chapter 8511.0104
Review Schedule Under Sunset Act 8511.0105
Territory 8511.0106
Liberal Construction of Chapter 8511.0201
Membership of Board 8511.0202
Terms 8511.0203
Removal 8511.0204
Vacancy 8511.0205
Bylaws 8511.0206
Bond Requirement for Directors 8511.0207
Compensation of Directors 8511.0208
Officers 8511.0209
Committees 8511.0210
Executive Director 8511.0211
Director Training Program 8511.0212
Interest in Contract 8511.0213
Separation of Policymaking and Management Functions 8511.0214
Public Testimony 8511.0215
Directors’ and Employees’ Fidelity Bonds 8511.0216
Authority’s Office 8511.0217
Complaints 8511.0218
Alternative Dispute Resolution Procedures 8511.0219
Five-year Strategic Plan 8511.0301
General Powers and Duties 8511.0302
Control and Use of Waters 8511.0303
Use of Bed and Banks of Nueces River and Its Tributaries 8511.0304
Master Plan 8511.0305
Water Conservation Program 8511.0306
Forestation and Reforestation 8511.0307
Groundwater 8511.0308
Water Quality Control 8511.0309
Solid Waste Services 8511.0310
Applicability of Certain Environmental Laws 8511.0311
Parks and Recreational Facilities 8511.0312
Permits and Licenses 8511.0313
Service Contracts and Charges 8511.0314
Use of Revenue and Property 8511.0315
Acquisition, Maintenance, and Operation of Property 8511.0316
Acquisition, Construction, Maintenance, and Operation of Facilities 8511.0317
Eminent Domain 8511.0318
Cost of Relocating or Altering Property 8511.0319
Disposition of Property 8511.0320
General Contract Powers 8511.0321
Award of Certain Contracts 8511.0322
Construction Contracts: Payment 8511.0323
Conflict of Interest in Certain Contracts 8511.0324
Surveys and Engineering Investigations 8511.0325
Plans 8511.0326
Access to Authority Property 8511.0327
Limitations on Powers and Duties 8511.0401
Adoption and Enforcement of Rules 8511.0402
Civil Penalty 8511.0403
Court Review 8511.0501
Disbursement of Money 8511.0502
Accounts, Contracts, and Other Records 8511.0503
Fees and Charges 8511.0504
Trust Money 8511.0505
Depository 8511.0506
Investment of Authority Money 8511.0507
Fiscal Year 8511.0508
Audit 8511.0601
Maintenance and Administration Tax 8511.0602
Election for Ad Valorem Tax or Bonds Payable from Ad Valorem Taxes 8511.0603
Assessment and Collection of Taxes 8511.0604
Maximum Tax Rate 8511.0605
Powers Relating to Improvements Peculiar to Defined Area 8511.0701
Borrowing Money 8511.0702
Power to Apply for Money for Engineering Surveys, Information Compilation and Collection, and Other Purposes 8511.0703
Power to Issue Bonds 8511.0704
Form of Bonds 8511.0705
Maturity 8511.0706
Election for Bonds Payable from Ad Valorem Taxes 8511.0707
Trust Indenture 8511.0708
Additional Bonds 8511.0709
Additional Provisions in Resolution Authorizing Bonds or Trust Indenture 8511.0710
Refunding Bonds
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 8511.0709’s source at texas​.gov