Sec. 7803.207. PRELIMINARY BONDS. (a) The district may issue preliminary bonds, which need not be designated as such, to provide a fund to pay:
(1) the cost of making surveys and investigations, attorneys' fees, and engineers' work;
(2) the cost of issuing bonds; and
(3) all other costs and expenses incident to the district's operation in investigating and determining plans for the district's plant and improvements.
(b) Preliminary bonds shall be voted and authorized in the manner and under the same provisions applicable to the district's construction bonds and shall be of equal dignity with those construction bonds.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.02, eff. April 1, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle E - Levee Improvement Districts
Chapter 7803 - Irving Flood Control District Section I
Section 7803.201. Authority to Issue Bonds
Section 7803.202. Form of Bonds
Section 7803.204. Election Required
Section 7803.205. Use of Bond Proceeds During Construction
Section 7803.206. Taxes for Bonds