Tex. Government Code § 1471.054
PREPARATION OF ASSESSMENT
Texas · Texas Government Code · Status: effective
Cite this
- Citation
- Tex. Government Code § 1471.054, PREPARATION OF ASSESSMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660673
- Permanent ID
ys:prov:660673@1- SHA-256
fae24b7485f3b0baad4a18ac48464c199700e3135ce7d75266398327ebb0acf6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Before issuing bonds or certificates under this subchapter, the road district by order shall:
(1) determine, as appropriate, the amount necessary to pay all or a part of the principal of and interest on:
(A) the refunding bonds on maturity; or
(B) the outstanding bonded indebtedness of the district;
(2) prepare a plan the district determines is equitable for apportioning the amount determined under Subdivision (1) among the record owners of real property in the district based on the ratio that the appraised value of each lot or parcel in the district bears to the total appraised value of real property in the district; and
(3) hold a public hearing on the district's intention to issue bonds or certificates.