Tex. Special District Local Laws Code § 3900.202
APPROVAL BY CITY; BOND ISSUANCE PLAN
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 3900.202, APPROVAL BY CITY; BOND ISSUANCE PLAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/597045
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Full text
(a) Except as provided by Subsection (c), the district must obtain the approval of the city for:
(1) the issuance of bonds for an improvement project;
(2) the plans and specifications of an improvement project financed by the bonds; and
(3) the plans and specifications of an improvement project related to the use of land owned by the city, an easement granted by the city, or a right-of-way of a street, road, or highway.
(b) The district may not issue bonds until the governing body of the city approves a bond issuance plan authorizing and setting forth the limitations on the issuance of the bonds.
(c) If the district obtains the approval of the city 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.