Sec. 9016.201. AUTHORITY TO ISSUE BONDS AND OTHER OBLIGATIONS. The district may issue bonds or other obligations payable wholly or partly from ad valorem taxes, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources, to pay for any authorized district purpose.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1043 (H.B. 3111), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9016 - Midland County Utility District
Subchapter E. Bonds and Other Obligations
Section 9016.201. Authority to Issue Bonds and Other Obligations
Section 9016.202. Taxes for Bonds
Section 9016.203. Limitation on Tax Rate
Section 9016.204. Bonds and Other Obligations Not to Be Paid by Municipality or County