Sec. 3866.152. AUTHORITY TO IMPOSE AD VALOREM TAXES, ASSESSMENTS, AND IMPACT FEES. The district may impose an ad valorem tax, assessment, or impact fee and use the proceeds of the tax, assessment, or impact fee for:
(1) any district purpose, including the payment of debt or other contractual obligations; or
(2) the payment of maintenance and operating expenses.
Added by Acts 2009, 81st Leg., R.S., Ch. 172 (H.B. 1300), Sec. 1, eff. May 27, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3866 - Kennedale Towncenter Development District
Subchapter D. Financial Provisions
Section 3866.151. Competitive Bidding
Section 3866.152. Authority to Impose Ad Valorem Taxes, Assessments, and Impact Fees
Section 3866.153. Elections Regarding Taxes or Bonds
Section 3866.154. Maintenance Tax
Section 3866.156. Petition Required for Financing Services and Improvements With Assessments