Sec. 9011.202. IMPOSITION OF AD VALOREM TAXES. A tax imposed by the district must be an ad valorem tax, including a tax to:
(1) pay off bonds for preliminary surveys and investigation or to provide funds for conducting preliminary surveys, if no construction bonds are to be issued; and
(2) pay the principal and interest and other costs that may be paid from taxes.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.12, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9011 - Bell County Water Control and Improvement District No. 3
Subchapter E. General Financial Provisions
Section 9011.202. Imposition of Ad Valorem Taxes
Section 9011.203. Tax Assessor and Collector
Section 9011.204. Projects Exempt From Assessment or Taxation