Sec. 1477.106. NOTICE OF INTENTION TO ISSUE BONDS. (a) The commissioners court of the county may not authorize bonds under this subchapter until the court gives notice of its intention to issue the bonds.
(b) The notice must state, as to the proposed bonds:
(1) the maximum amount of the issue;
(2) the maximum interest rate;
(3) the maximum maturity; and
(4) the time and place at which the court intends to authorize the bonds.
(c) The notice must be published in a newspaper of general circulation in the county once a week for two consecutive weeks, with the first publication being at least 14 full days before the date set for authorization of the bonds.
(d) The commissioners court may authorize the bonds at the time and place specified in the notice except as provided by Section 1477.107.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1477 - Obligations for Other County Purposes
Subchapter C. Natural Gas System for County Buildings in Certain Counties
Section 1477.101. Applicability of Subchapter
Section 1477.102. Authority to Acquire Natural Gas System
Section 1477.103. Natural Gas System Facilities
Section 1477.104. Authority to Issue Bonds
Section 1477.105. Bonds Not Payable From Taxes
Section 1477.106. Notice of Intention to Issue Bonds
Section 1477.108. Contents of Order Authorizing Bonds
Section 1477.110. Signatures; Registration by County Treasurer
Section 1477.111. Sale of Bonds
Section 1477.112. Use of Bond Proceeds
Section 1477.113. Additional Bonds
Section 1477.114. Gas Rates and Charges
Section 1477.115. Bondholder's Right to Mandamus
Section 1477.116. Refunding Bonds
Section 1477.117. Exemption From Assessment or Taxation
Section 1477.118. County Use of Gas
Section 1477.119. Sale of Gas Not Needed for County Purposes
Section 1477.120. Eminent Domain