Sec. 1471.087. CREATION OF ROAD DISTRICT CONTAINING PORTION OF TERRITORY OF EXISTING DISTRICT. (a) If a road district is created that contains a portion of the territory of an existing precinct or district that has outstanding road bonds, the newly created district may issue bonds to:
(1) purchase roads in the existing precinct or district; or
(2) further construct macadamized, graveled, or paved roads or turnpikes in the new district.
(b) The bonds shall be issued in the form and manner prescribed for county bonds under Sections 1471.081-1471.086.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Section: Previous 1471.054 1471.055 1471.056 1471.057 1471.058 1471.059 1471.060 1471.061 1471.062 1471.081 1471.082 1471.083 1471.084 1471.085 1471.086Last modified: September 28, 2016