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Texas Special District Local Laws Code - SDLL § 3953.114. Approval by City

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Except as provided by Subsection (b), the district must obtain the approval of the city for:

(1) the issuance of bonds for an improvement project financed by the bonds if any part of the project is carried out in the corporate limits of the city; and

(2) the plans and specifications of the improvement project financed by the bonds.

(b) If the district obtains the approval of the city's governing body of a capital improvements budget for a period not to exceed five years, the district may finance the capital improvements and issue bonds specified in the budget without further approval from the city.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 3953.114. Approval by City - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-3953-114/

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