Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle B. FRESH WATER SUPPLY DISTRICTS |
Chapter 6907. PLUM CREEK FRESH WATER SUPPLY DISTRICT NO. 1 |
Subchapter E. BONDS AND OTHER OBLIGATIONS |
Sec. 6907.202. TAXES FOR BONDS
Latest version.
-
At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct ad valorem tax, without limit as to rate or amount, while all or part of the bonds are outstanding as required and in the manner provided by Section 53.188, Water Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 51 , Sec. 2, eff. May 19, 2009.