Sec. 62.191. ISSUANCE OF NAVIGATION BONDS. (a) After the commission determines the cost of proposed improvements, incidental expenses, and maintenance costs, it shall certify to the commissioners court of the county of jurisdiction the amount of bonds necessary to be issued.
(b) The commissioners court, at a regular or special meeting, shall issue an order directing the issuance of navigation bonds for the district in the amount so certified. The amount of bonds may not be more than the amount authorized by the election.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 62 - Article Xvi, Section 59, Navigation Districts
Section 62.191. Issuance of Navigation Bonds
Section 62.192. Issuance of Additional Bonds
Section 62.194. Order for Bonds and Tax
Section 62.196. Duties of Attorney General
Section 62.197. Registration of Bonds
Section 62.198. Validity of Bonds
Section 62.199. Record of Bonds
Section 62.201. Chairman's Bond
Section 62.202. Taxes; Sinking Fund Investment
Section 62.203. Issuance of Refunding Bonds; Formalities
Section 62.204. Refunding Bonds Sold at Par
Section 62.205. Approval of Refunding Bonds by Attorney General
Section 62.206. Tax Levy for Refunding Bonds
Section 62.207. Authority of Sections 62
Section 62.209. Use of Bond Proceeds for Certain Acquisitions of Certain Districts