Sec. 3876.255. ISSUANCE OF BONDS AND IMPOSITION OF TAXES FOR DEFINED AREA OR DESIGNATED PROPERTY. After the order under Section 3876.253 is adopted, the district may issue bonds to provide for any land, improvements, facilities, plants, equipment, and appliances for the defined area or designated property.
Added by Acts 2009, 81st Leg., R.S., Ch. 1083 (H.B. 4775), 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 3876 - Alden Lake Management District
Subchapter F. Taxes for Certain Defined Areas and Designated Property
Section 3876.251. Authority to Establish Defined Areas or Designated Property
Section 3876.252. Procedure for Election
Section 3876.253. Declaring Result and Issuing Order
Section 3876.254. Taxes for Improvements and Facilities in Defined Areas or Designated Property
Section 3876.255. Issuance of Bonds and Imposition of Taxes for Defined Area or Designated Property