Tex. Spec. Dists. Code § 9001.202

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 9001.202 - Limit on Bonds and Other Obligations

(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.

Tex. Spec. Dist. Loc. Laws § 9001.202

Added by Acts 2005, 79th Leg., Ch. 446, Sec. 1, eff. 6/17/2005.