GroundRules
Tex. Special District Local Laws Code § 9001.202: LIMIT ON BONDS AND OTHER OBLIGATIONS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE I. WATER CONTROL AND IMPROVEMENT DISTRICTS For contingent expiration of this chapter, see Sec. 9001.003.
- CHAPTER 9001. SMILEY ROAD WATER CONTROL AND IMPROVEMENT DISTRICT
- SUBCHAPTER E. BONDS
(a) Bonds, notes, or other obligations issued or incurred by the district under Section 53.029, Water Code, may not exceed one-fourth of the assessed value of the real property in the district.
(b) The district may not issue bonds until a development agreement between the City of Celina and the district has been signed.
Added by Acts 2005, 79th Leg., Ch. 446 (S.B. 1828), Sec. 1, eff. June 17, 2005.
Collected 2026-08-27T01:47:41Z. Source file · JSON