Sec. 36.358. VOTED BUT UNISSUED BONDS. If either district has voted but unissued bonds payable in whole or in part from taxation assumed by the consolidated district, the consolidated district may issue the voted but unissued bonds in the name of the consolidated district and levy a uniform tax on all taxable property in the consolidated district to pay for the bonds.
Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle E - Groundwater Management
Chapter 36 - Groundwater Conservation Districts
Subchapter K. Consolidation of Districts
Section 36.351. Consolidation of Districts
Section 36.352. Terms and Conditions of Consolidation
Section 36.353. Notice and Hearing on Consolidation
Section 36.354. Elections to Approve Consolidation
Section 36.355. Governing Consolidated Districts
Section 36.356. Debts of Original Districts
Section 36.357. Assessment and Collection of Taxes
Section 36.358. Voted but Unissued Bonds
Section 36.359. Filing of Order With County Clerk and Executive Director