Sec. 9001.152. AD VALOREM TAX FOR ROAD PROJECTS. The district may impose an ad valorem tax to pay the principal of or interest on bonds issued under Section 9001.201(b) to finance projects under Section 9001.105.
Added by Acts 2005, 79th Leg., Ch. 446 (S.B. 1828), Sec. 1, eff. June 17, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9001 - Smiley Road Water Control and Improvement District
Subchapter D. General Financial Provisions
Section 9001.151. Ad Valorem Plan of Taxation
Section 9001.152. Ad Valorem Tax for Road Projects
Section 9001.153. Utility Exemption From Impact Fees and Assessments