Sec. 3879.211. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes, the board shall provide for the annual imposition of a continuing direct ad valorem tax, without limit as to rate or amount, while all or part of the bonds are outstanding as required and in the manner provided by Sections 54.601 and 54.602, Water Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 872 (S.B. 2510), 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 3879 - Harris County Improvement District No. 18
Subchapter E. General Financial Provisions
Section 3879.201. Disbursements and Transfers of Money
Section 3879.202. Money Used for Improvements or Services
Section 3879.203. Petition Required for Financing Services and Improvements With Assessments
Section 3879.204. Method of Notice for Hearing
Section 3879.205. Assessments; Liens for Assessments
Section 3879.206. Utility Property Exempt From Impact Fees and Assessments
Section 3879.207. Residential Property
Section 3879.208. Operation and Maintenance Tax
Section 3879.209. Contract Taxes
Section 3879.210. Authority to Borrow Money and to Issue Bonds
Section 3879.211. Taxes for Bonds
Section 3879.212. Elections Regarding Taxes and Bonds