Texas § 3900.202 APPROVAL BY CITY; BOND ISSUANCE PLAN.

Texas Statutes

§ 3900.202 — APPROVAL BY CITY; BOND ISSUANCE PLAN.

Texas § 3900.202

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 3900.202 (2026).

Text

Sec. 3900.202. APPROVAL BY CITY; BOND ISSUANCE PLAN.

(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 f

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Sec. 3900.202. APPROVAL BY CITY; BOND ISSUANCE PLAN. (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.