Texas Statutes
Subchapter K. Issuance of Bonds
Section 51.415. Order to Issue Bonds or Execute Contract

Sec. 51.415. ORDER TO ISSUE BONDS OR EXECUTE CONTRACT. After the vote is canvassed and the results are declared to be favorable to the proposition, the board shall make and enter an order directing the issuance of the bonds or the execution of a contract with the United States. The bonds or contract shall be in a sufficient amount to pay for the improvements together with all necessary incidental expenses, but the amount may not be more than the amount specified in the election order and notice of election.
Acts 1971, 62nd Leg., p. 338, ch. 58, Sec. 1, eff. Aug. 30, 1971.

Structure Texas Statutes

Texas Statutes

Water Code

Title 4 - General Law Districts

Chapter 51 - Water Control and Improvement Districts

Subchapter K. Issuance of Bonds

Section 51.401. Authority to Issue Bonds of Districts Operating Under Article Iii, Section 52, of the Texas Constitution

Section 51.402. Authority to Issue Bonds of Districts Operating Under Article Xvi, Section 59, of the Texas Constitution

Section 51.403. Amount of Debt Limited by Constitution

Section 51.404. Issuance of Preliminary Bonds

Section 51.405. Election on Preliminary Bonds

Section 51.406. Conditions of Preliminary Bonds

Section 51.407. Tax to Pay Preliminary Bonds

Section 51.408. Issuance of Bonds

Section 51.410. Engineer's Report

Section 51.411. Election Order

Section 51.413. Ballots

Section 51.414. Vote at Election

Section 51.415. Order to Issue Bonds or Execute Contract

Section 51.419. Conditions of Bonds

Section 51.420. Form of Bonds

Section 51.423. Validation Suit

Section 51.424. Effect of Prior Registration

Section 51.425. Procedure in Validation Suit

Section 51.426. Notice of Validation Suit

Section 51.427. Duties of Attorney General in Validation Suit

Section 51.428. Judgment in Validation Suit

Section 51.429. Effect of Validation Suit

Section 51.430. Certified Copy of Decree

Section 51.431. Registration of Bonds and Decree

Section 51.432. Sale of Bonds

Section 51.433. Tax Levy

Section 51.436. Interest and Sinking Fund

Section 51.437. Investment of Sinking Fund

Section 51.438. Refunding Bonds

Section 51.439. Limitation of Authority to Incur Debt and Issue Bonds

Section 51.440. Issuing Bonds in Excess of Limitation

Section 51.441. Modifications of Improvements

Section 51.442. Issuance of Additional Bonds or Creation of Additional Indebtedness Under Certain Conditions

Section 51.443. Interim Bonds

Section 51.444. Limitations on Interim Bonds

Section 51.445. Issuance of Bonds and Levy of Tax

Section 51.446. Deposit of Bonds to Secure Interim Bonds

Section 51.447. Procedure for Issuance and Sale of Interim Bonds

Section 51.448. Payment of Interim Bonds

Section 51.449. Redemption of Interim Bonds

Section 51.450. Alternate Methods for Paying Bonds

Section 51.451. Taxes to Secure Certain Bonds

Section 51.452. Election

Section 51.453. Hearing and Election on Certain Bonds

Section 51.454. Hearing Before Issuing Certain Bonds

Section 51.455. Issuance of Revenue Bonds to Construct Extensions and Improvements to Certain Systems