Sec. 8101.256. ELECTION FOR BONDS PAYABLE FROM AD VALOREM TAXES. The authority may not issue bonds payable wholly or partly from ad valorem taxes unless the voters of the authority authorize that issuance at an election held for that purpose in the manner prescribed by Section 49.106, Water Code.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8101 - Athens Municipal Water Authority
Section 8101.251. Authority to Issue Bonds
Section 8101.252. Refunding Bonds
Section 8101.253. Form of Bonds
Section 8101.255. Trust Indenture
Section 8101.256. Election for Bonds Payable From Ad Valorem Taxes
Section 8101.257. Bond Security; Revenue; Taxes; Additional Bonds
Section 8101.258. Additional Security
Section 8101.259. Charges for Authority Services
Section 8101.260. Use of Bond Proceeds
Section 8101.261. Appointment of Receiver
Section 8101.262. Bonds Secured by Contract Proceeds; Approval
Section 8101.263. Bonds Exempt From Taxation
Section 8101.264. Property Exempt From Taxation and Assessment