Sec. 3964.0604. REQUIREMENTS FOR ADVERTISING BOND ISSUE. The district may not advertise for an issuance of bonds until the completion of at least 25 percent of the projected value of the improvements, including houses and other buildings, that are liable for district assessments and necessary to support the district bonds.
Added by Acts 2019, 86th Leg., R.S., Ch. 535 (H.B. 2077), Sec. 1, eff. June 10, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3964 - City of Conroe Municipal Management District No. 3
Subchapter F. Special Bond Provisions
Section 3964.0601. Applicability
Section 3964.0602. Conflict of Laws
Section 3964.0603. Written Agreement Regarding Special Appraisals
Section 3964.0604. Requirements for Advertising Bond Issue
Section 3964.0605. Requirements for Bond Issue
Section 3964.0606. Requirements for Collection of Revenue to Pay Bonds