Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 8. ACQUISITION, SALE, OR LEASE OF PROPERTY |
Subtitle A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY |
Chapter 254. ACQUISITION AND DEVELOPMENT OF ISLAND PROPERTY |
Subchapter C. OBLIGATIONS |
Sec. 254.063. ENCUMBRANCE OF ISLAND PROPERTY IMPROVEMENTS OR FACILITIES FINANCED BY OBLIGATIONS PAYABLE FROM AD VALOREM TAXES
Latest version.
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A municipality may not encumber an island property improvement or facility financed by obligations payable from ad valorem taxes unless authorized at the election required by Section 254.052.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.