Sec. 9075.0064. TAXES FOR BONDS. At the time the district issues bonds payable wholly or partly from ad valorem taxes from the defined area, the governing body of the district shall provide for the annual imposition of a continuing direct annual ad valorem tax, without limit as to rate or amount, for each year that all or part of the bonds are outstanding as required and in the manner provided by Sections 51.433 and 51.436, Water Code.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.05, eff. April 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9075 - Fort Bend County Water Control and Improvement District No. 2
Section 9075.0051. Creation of Defined Area; Designation
Section 9075.0052. Initial Territory
Section 9075.0053. Exclusion of Land
Section 9075.0054. Procedure for Election
Section 9075.0055. Taxes for Services, Improvements, and Facilities
Section 9075.0056. Issuance of Bonds
Section 9075.0057. Powers and Duties
Section 9075.0058. Authority for Road Projects
Section 9075.0059. Road Standards and Requirements
Section 9075.0060. Improvement Projects and Services
Section 9075.0061. Elections Regarding Taxes and Bonds
Section 9075.0062. Operation and Maintenance Tax
Section 9075.0063. Authority to Borrow Money and to Issue Bonds and Other Obligations