Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1506.053 - Authority to Establish Improvement Districts and Issue Bonds The governing body of a municipality may:
(1) designate by clearly defined boundaries one or more improvement districts within the municipality; and(2) borrow money on the credit of the municipality by issuing bonds as provided by this subchapter to acquire or construct a facility authorized by Section 1506.052.Tex. Gov't. Code § 1506.053
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.