Sec. 3816.153. AUTHORITY TO IMPOSE AD VALOREM TAXES, ASSESSMENTS, AND IMPACT FEES. The district may impose an ad valorem tax, assessment, or impact fee as provided by Chapter 375, Local Government Code, on all property in the district, including industrial, commercial, or residential property, and may impose an assessment on municipal property in the district to:
(1) finance or provide an improvement or service for a project or activity this chapter authorizes the district to construct, acquire, or improve; or
(2) provide or to make a payment under a contract.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3816 - Frisco Square Management District
Subchapter D. Financial Provisions
Section 3816.151. Petition Required for Financing Services and Improvements
Section 3816.152. Disbursements and Transfers of Money
Section 3816.153. Authority to Impose Ad Valorem Taxes, Assessments, and Impact Fees
Section 3816.154. Maintenance Tax
Section 3816.155. Contracts Secured by Ad Valorem Taxes
Section 3816.157. Liens for Assessments
Section 3816.158. Utility Property Exempt From Assessments and Impact Fees
Section 3816.159. Elections Regarding Taxes or Bonds
Section 3816.160. Municipality Not Required to Pay District Obligations