Tex. Spec. Dists. Code § 3938.153

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 3938.153 - General Powers Regarding Payment of District Bonds, Obligations, or Other Costs

The district may provide or secure the payment or repayment of any bond, note, or other temporary or permanent obligation or reimbursement or other contract with any person and the costs and expenses of the establishment, administration, and operation of the district and the district's costs or share of the costs or revenue of an improvement project or district contractual obligation or indebtedness by:

(1) the imposition of an ad valorem tax or sales and use tax or an assessment, user fee, concession fee, or rental charge; or

(2) any other revenue or resources of the district, including revenues from a tax increment reinvestment zone.

Tex. Spec. Dist. Loc. Laws § 3938.153

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 982,Sec. 1, eff. 6/19/2015.