Sec. 6913.255. BONDS PAYABLE FROM AD VALOREM TAXES. The district may issue bonds:
(1) payable from ad valorem taxes imposed on taxable property in the district; or
(2) secured by and payable from:
(A) taxes described by Subdivision (1); and
(B) revenue of the district.
Added by Acts 2017, 85th Leg., R.S., Ch. 869 (H.B. 2803), Sec. 1.02, eff. April 1, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle B - Fresh Water Supply Districts
Chapter 6913 - Haskell County Water Supply District
Section 6913.251. Authority to Issue Bonds
Section 6913.252. Form of Bonds
Section 6913.254. Bonds Payable From Revenue
Section 6913.255. Bonds Payable From Ad Valorem Taxes
Section 6913.256. Election for Bonds Payable From Ad Valorem Taxes
Section 6913.257. Tax and Compensation Rates
Section 6913.258. Additional Security
Section 6913.259. Use of Bond Proceeds
Section 6913.260. Appointment of Receiver