Sec. 51.169. ISSUANCE OF BONDS BY CONTRIBUTOR. (a) The contract may provide for the issuance of bonds by the contributor and for direct payment from the proceeds of the bonds to contractors on the estimates of the engineer for the contributor.
(b) Before issuing bonds, a contributing political subdivision shall submit the contract for contribution to its electors for approval and for authority to issue the bonds, fix a lien to secure the bonds, and levy, assess, and collect taxes to retire the bonds. The procedure by a contributing political subdivision of the state shall conform to the applicable law under which the political subdivision was organized and authorized to create bonded indebtedness.
(c) The disposition of the proceeds of the bonds shall conform to the approved contract of contribution.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 51 - Water Control and Improvement Districts
Subchapter D. Powers and Duties
Section 51.121. Purposes of District
Section 51.122. Adopting Rules and Regulations
Section 51.125. Construction of Improvements
Section 51.127. Adopting Rules and Regulations
Section 51.128. Effect of Rules and Regulations
Section 51.129. Publication of Rules and Regulations
Section 51.130. Effective Date of Rules and Regulations
Section 51.133. Constructing Bridges and Culverts Across and Over County and Public Roads
Section 51.135. Contracting for Toll Bridges and Ferry Service
Section 51.150. Contracts With Other Districts or Water Supply Corporations
Section 51.157. Construction Charges Under a Contract With the United States
Section 51.158. Election to Approve a Contract With the United States
Section 51.159. Conveying Property to the United States
Section 51.160. Engineering Data Unnecessary
Section 51.161. Consent of United States to Alter District's Boundaries
Section 51.162. Taxes Levied by District Under Contract With the United States
Section 51.163. Assessments for Contracts With the United States
Section 51.164. Duration of Annual Levies for Contracts With the United States
Section 51.165. Superiority of Lien to Secure Contract With the United States
Section 51.167. Expense of Procuring Cooperation and Contributions From Other Agencies
Section 51.168. Authority of Contributor
Section 51.169. Issuance of Bonds by Contributor
Section 51.170. Annual Tax by Contributor
Section 51.171. Contributions From Unappropriated or Available Funds of Contributor
Section 51.172. Liability on Contracts of Acquired Irrigation System
Section 51.173. Authority to Lease Irrigation System Serving the District
Section 51.174. Covenants and Agreements Included in Lease
Section 51.175. Revenue for Payment of Lease Rental
Section 51.1751. Additional Sources for Payment of Lease
Section 51.176. Receiver for Leased Irrigation System
Section 51.177. Joint Lease by Two or More Districts
Section 51.178. Authority to Acquire Irrigation System Subject to Mortgage
Section 51.179. Revenue for Payment of Mortgage
Section 51.180. Election to Approve Revenue for Payment of Mortgage
Section 51.181. Joint Acquisition of Mortgaged System by Two or More Districts
Section 51.182. Authority to Lease Facilities to Water Customers
Section 51.184. Preference in Use of Water
Section 51.185. Suit to Protect Water Rights
Section 51.186. Transfer of Water Right
Section 51.187. Selling Waterpower Privileges
Section 51.188. Selling Surplus Water
Section 51.189. Pumping Water to Another District
Section 51.190. Obtaining Topographic Maps and Data
Section 51.194. Sale of Property Not Acquired to Carry Out the Plans of the District
Section 51.195. Prohibited Charges and Fees
Section 51.196. Development of Underground Water by Certain Districts