Sec. 9013.206. USE OF MAINTENANCE TAX PROCEEDS. (a) The district may spend maintenance tax proceeds for:
(1) an easement or right-of-way;
(2) any purpose for which a district may spend bond proceeds; and
(3) maintenance and operation purposes.
(b) The district may place surplus maintenance tax proceeds not needed for maintenance purposes into the sinking funds for outstanding district bonds.
(c) The board's determination to spend maintenance tax proceeds is final and is not subject to judicial review, except on the grounds of fraud, palpable error, or gross abuse of discretion.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9013 - Bell County Water Control and Improvement District No. 6
Subchapter E. General Financial Provisions
Section 9013.202. Hearing on Change in Method of Taxation; Limitation
Section 9013.203. Projects Exempt From Assessment or Taxation
Section 9013.204. Maintenance Tax Election Procedures
Section 9013.205. Maintenance Tax Rate
Section 9013.206. Use of Maintenance Tax Proceeds
Section 9013.207. Approval of and Funding for Certain Plans for Works and Improvements