Sec. 3935.206. CITY NOT REQUIRED TO PAY DISTRICT OBLIGATIONS. Except as provided by Section 375.263, Local Government Code, the city is not required to pay a bond, note, or other obligation of the district.
Added by Acts 2015, 84th Leg., R.S., Ch. 885 (H.B. 4180), Sec. 2, eff. June 18, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3935 - Katy Management District No. 1
Section 3935.201. Elections Regarding Taxes and Bonds
Section 3935.202. Operation and Maintenance Tax
Section 3935.203. Contract Taxes
Section 3935.204. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3935.205. Taxes for Bonds
Section 3935.206. City Not Required to Pay District Obligations