Sec. 3845.201. AUTHORITY TO ISSUE BONDS AND OTHER OBLIGATIONS. The district may issue bonds or other obligations payable wholly or partly from ad valorem taxes, impact fees, revenue, contract payments, grants, revenue from economic development agreements under Chapter 381, Local Government Code, or other district money, or any combination of those sources, to pay for an authorized district purpose.
Added by Acts 2009, 81st Leg., R.S., Ch. 1079 (H.B. 4759), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3845 - Tornillo Management District
Subchapter E. Bonds and Other Obligations
Section 3845.201. Authority to Issue Bonds and Other Obligations
Section 3845.202. Taxes for Bonds
Section 3845.203. Bonds for Road Projects
Section 3845.204. Financial Responsibility of El Paso County Tornillo Water Improvement District