Tex. Spec. Dist. Local Laws Code Section 9039.203
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 2009, 81st Leg., R.S., Ch. 583 (S.B. 2463), Sec. 1, eff. June 19, 2009.

Source: Section 9039.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9039.htm#9039.203 (accessed May 25, 2024).

9039.001
Definitions 9039.002
Nature of District 9039.003
Confirmation and Directors’ Election Required 9039.004
Consent of Municipality Required 9039.005
Findings of Public Purpose and Benefit 9039.006
Initial District Territory 9039.051
Governing Body 9039.052
Temporary Directors 9039.101
General Powers and Duties 9039.102
Water Control and Improvement District Powers and Duties 9039.103
Authority for Road Projects 9039.104
Road Standards and Requirements 9039.105
Change in Surface Land Use 9039.106
Compliance with Municipal Consent Ordinance or Resolution 9039.107
Limitation on Use of Eminent Domain 9039.108
Division of District 9039.109
Limitation on Annexation of Land by District 9039.110
Municipal Annexation Adjacent to District 9039.151
Elections Regarding Taxes or Bonds 9039.152
Operation and Maintenance Tax 9039.153
Contract Taxes 9039.201
Authority to Issue Bonds and Other Obligations 9039.202
Taxes for Bonds 9039.203
Bonds for Road Projects

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Accessed:
May 25, 2024

§ 9039.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_9039.203

Original Source: Section 9039.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9039.htm#9039.203 (last accessed May 25, 2024).

Tex. Spec. Dist. Local Laws Code Section 9039.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 9039.203
Bonds for Road Projects