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Section 3962.0506. Consent of Municipality Required

TX Spec Dist Code § 3962.0506 (2019) (N/A)
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Sec. 3962.0506. CONSENT OF MUNICIPALITY REQUIRED. (a) The board may not issue bonds until the city has consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district.

(b) This section applies only to the district's first issuance of bonds payable from ad valorem taxes.

Added by Acts 2019, 86th Leg., R.S., Ch. 407 (S.B. 2502), Sec. 1, eff. June 4, 2019.