Texas Statutes
Subchapter E. Bonds for Improvement of Water and Sewer Systems in Municipalities With Population of More Than 275,000
Section 1501.205. Notice of Intention to Issue Bonds

Sec. 1501.205. NOTICE OF INTENTION TO ISSUE BONDS. (a) A municipality may not issue bonds under this subchapter until the mayor of the municipality gives notice of the municipality's intention to issue the bonds.
(b) The notice must:
(1) be published in a newspaper of general circulation in the municipality once each week for two consecutive weeks, with the first publication being before the 14th day before the date the governing body of the municipality proposes to adopt an ordinance authorizing the issuance of the bonds; and
(2) state the maximum:
(A) amount of bonds to be issued;
(B) interest rate of the bonds; and
(C) maturity of the bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

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