The Laws of Texas, 1934-1935 [Volume 29] Page: 278 of 2,086
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24 GENERAL AND SPECIAL LAWS.
In making payments of bond indebtedness requirements under
the provisions of this Act the "Bond and Interest Redemption
Fund" shall first be resorted to and exhausted before resort
to the "Self-liquidating Assessment Fund" for payments authorized
to be made thereunder. In the event that at the end
of any year the said "Self-liquidating Special Assessment Fund"
should, after there first having been applied all payments authorized
to be made from said "Bond and Interest Redemption
Fund", to be more than sufficient to meet the payment of all
bonds maturing in such current year and all bond interest accruing
in such year, the balance of such "Self-liquidating
Special Assessment Fund" remaining on hand or on deposit at
the close of any such current calendar year may, in the discretion
of the Board of Directors of such District, be used for the
payment of expense incurred, if any, in collecting such assessments,
for paying the cost of additional necessary construction,
or for any other lawful purpose. And in the event the
assessments are not sufficient to pay the balance maturing in
such year together with all interest due thereon accruing in
such year, the balance required shall be assessed pro-rata, in
accordance with the assessments previously made for the then
current year, and shall be paid under the same conditions and
penalties within thirty (30) days from the time such assessment
is made. Public notice of all such assessments shall be
given by posting printed notices thereof in at least three public
places in the District and printed or written notices shall be
mailed to each landowner affected thereby; providing that such
landowner shall furnish to the Secretary of the District his
correct postoffice address. Such notice shall be given by posting
and mailing such notices at least ten (10) days before the
assessment is due, and in the event of supplemental assessments
such notices shall be given within ten (10) days after such
assessments are levied.
All special asseessments levied under the provisions of this
Act shall be collected under the direction of the Board of Directors
by the Assessor and Collector of the District, or other
persons designated by the Board, which said officer shall give
bond in such sum as the Board may direct, conditioned upon the
faithful performance of his duties and a true accounting of all
moneys collected. He shall give a true account of all money
collected and deposit the same as collected in the District depository
and shall file with the Secretary of the Board of Directors
a true statement of all money collected once each week.
The Collector shall use duplicate receipt books and shall give
a true receipt for each collection made, retaining in such books
a true copy thereof, which shall be preserved as a record of the
District.
The District shall have a lien upon all lands assessed under
the provisions of this Act to secure payment of all special assessments
levied hereunder. The district shall also have a lien
upon all crops of whatsoever kind grown upon each tract of
land assessed hereunder, to secure payment of the assessments
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1934-1935 [Volume 29], book, 1935; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth17292/m1/278/: accessed April 19, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .