Texas Statutes
Subchapter D. Compensation Bonds
Section 1471.086. Creation of Road District Containing Entire Territory of Existing District

Sec. 1471.086. CREATION OF ROAD DISTRICT CONTAINING ENTIRE TERRITORY OF EXISTING DISTRICT. (a) If a road district is created that contains all of the territory of an existing commissioners or justice precinct or road district that has outstanding road bonds, the newly created district:
(1) shall fully compensate the existing precinct or district in an amount equal to the amount of outstanding road bonds; and
(2) may issue bonds to:
(A) purchase or construct roads in the existing precinct or district;
(B) further construct, maintain, or operate macadamized, graveled, or paved roads or turnpikes in the new district; or
(C) aid in a purpose described by Paragraph (A) or (B).
(b) The compensation shall be made and the bonds issued in the form and manner for county bonds under Sections 1471.081-1471.085 except that the petition must be signed by 50 or a majority of the registered voters of the new district.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

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