Sec. 563.066. AUTHORITY TO ISSUE AD VALOREM TAX OBLIGATIONS. (a) The board may not incur or issue an obligation that is payable, in whole or in part, from ad valorem taxes.
(b) The commissioners court of the county by order may authorize on behalf of the board the issuance of obligations payable in whole or in part from ad valorem taxes to acquire, improve, repair, or extend the county's wastewater collection system, treatment system, water supply and distribution system, or solid waste collection and disposal system.
(c) An order under Subsection (b) must be adopted at a regular meeting of the commissioners court.
(d) If the obligations authorized under this section are payable from ad valorem taxes and revenue, the board must also approve the issuance of the obligations.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, eff. Sept. 1, 1999.
Renumbered from Local Government Code, Section 413.066 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(b)(3), eff. April 1, 2009.
Structure Texas Statutes
Title 13 - Water and Utilities
Subchapter B. County Utility System Board for Water, Wastewater, or Solid Waste System
Section 563.052. Authority to Establish Board
Section 563.053. Board Composition
Section 563.054. Board Officers
Section 563.055. Compensation of Directors
Section 563.056. Applicability of Other Law to Board and County
Section 563.058. Utility System's Budget
Section 563.059. Deposit of Revenue
Section 563.060. Disbursement of Utility System's Money
Section 563.061. Rates and Charges
Section 563.062. Use of Eminent Domain Prohibited
Section 563.063. Extension or Improvement of System
Section 563.064. Purchase of Water or Wastewater System
Section 563.065. Abolition of Conservation and Reclamation District
Section 563.066. Authority to Issue Ad Valorem Tax Obligations