81st Texas Legislature, Regular Session, House Bill 4710, Chapter 1062 Page: 9 of 27
This legislative document is part of the collection entitled: Texas Laws and Resolutions Archive and was provided to The Portal to Texas History by the UNT Libraries Government Documents Department.
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H.B. No. 4710
1 (b) A contract approved by the district voters may contain a
2 provision stating that the contract may be modified or amended by
3 the board without further voter approval.
4 [Sections 8353.154-8353.200 reserved for expansion]
5 SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS
6 Sec. 8353.201. AUTHORITY TO ISSUE BONDS AND OTHER
7 OBLIGATIONS. The district may issue bonds or other obligations
8 payable wholly or partly from ad valorem taxes, impact fees,
9 revenue, contract payments, grants, or other district money, or any
10 combination of those sources, to pay for any authorized district
11 purpose.
12 Sec. 8353.202. TAXES FOR BONDS. At the time the district
13 issues bonds payable wholly or partly from ad valorem taxes, the
14 board shall provide for the annual imposition of a continuing
15 direct ad valorem tax, without limit as to rate or amount, while all
16 or part of the bonds are outstanding as required and in the manner
17 provided by Sections 54.601 and 54.602, Water Code.
18 Sec. 8353.203. BONDS FOR ROAD PROJECTS. At the time of
19 issuance, the total principal amount of bonds or other obligations
20 issued or incurred to finance road projects and payable from ad
21 valorem taxes may not exceed one-fourth of the assessed value of the
22 real property in the district.
23 SECTION 2. The Clearwater Ranch Municipal Utility District
24 No. 1 initially includes all the territory contained in the
25 following area: 1800.01 Acres of land, consisting of the 870.04
26 acre tract described below as "TRACT i", the 66.05 acre tract
27 described below as "TRACT 2", the 90.12 acre tract described below9
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Texas. Legislature. House of Representatives. 81st Texas Legislature, Regular Session, House Bill 4710, Chapter 1062, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth148896/m1/9/?q=%22~1%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.