Tex. Spec. Dist. Local Laws Code Section 9026.105
Water, Sewer, or Drainage Contracts; Election Not Required; Bonds

(a)

The district and a political subdivision may enter into a water, sewer, or drainage contract or any combination of those contracts without an election by any contracting party to approve the contract.

(b)

The district may pay for an obligation incurred under a contract under this section by issuing bonds that, if otherwise necessary, have been approved by the voters in the manner provided by this chapter.

(c)

The district may deliver the district’s bonds to the United States or an agency or instrumentality of the United States, or to this state or an agency or instrumentality of this state, that enters into a contract with the district under this section.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.

Source: Section 9026.105 — Water, Sewer, or Drainage Contracts; Election Not Required; Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9026.­htm#9026.­105 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 9026.105’s source at texas​.gov