Sec. 3898.153. GENERAL POWERS REGARDING PAYMENT OF DISTRICT BONDS, OBLIGATIONS, OR OTHER COSTS. The district may provide or secure the payment or repayment of any bond, note, or other temporary or permanent obligation or reimbursement or other contract with any person and the costs and expenses of the establishment, administration, and operation of the district and the district's costs or share of the costs or revenue of an improvement project or district contractual obligation or indebtedness by:
(1) the imposition of an ad valorem tax or sales and use tax or an assessment, user fee, concession fee, or rental charge; or
(2) any other revenue or resources of the district, or other revenue authorized by the city, including revenues from a tax increment reinvestment zone created by the city under applicable law.
Added by Acts 2013, 83rd Leg., R.S., Ch. 548 (S.B. 605), Sec. 1, eff. June 14, 2013.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3898 - Fort Bend County Improvement District No. 24
Subchapter D. General Financial Provisions; Assessments
Section 3898.151. Disbursements and Transfers of Money
Section 3898.152. Money Used for Improvements or Services
Section 3898.153. General Powers Regarding Payment of District Bonds, Obligations, or Other Costs
Section 3898.154. Petition Required for Financing Services and Improvements With Assessments
Section 3898.155. Method of Notice for Hearing
Section 3898.156. Assessments; Liens for Assessments
Section 3898.157. Storm Water User Charges
Section 3898.158. Nonpotable Water User Charges