Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 4. DEVELOPMENT AND IMPROVEMENT |
Subtitle C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT |
Chapter 3827. KATY TOWNE CENTRE DEVELOPMENT DISTRICT |
Subchapter D. FINANCIAL PROVISIONS |
Sec. 3827.151. AUTHORITY TO IMPOSE AD VALOREM TAXES, ASSESSMENTS, AND IMPACT FEES
Latest version.
-
The district may impose an ad valorem tax, assessment, or impact fee and use the proceeds of the tax, assessment, or impact fee for:
(1) any district purpose, including the payment of debt or other contractual obligations; or
(2) the payment of maintenance and operating expenses.
Added by Acts 2005, 79th Leg., Ch. 729 , Sec. 1.03, eff. April 1, 2007.