Texas Special District Local Laws Code § 9041.203 Bonds For Recreational Facilities

Sec. 9041.203. BONDS FOR RECREATIONAL FACILITIES. (a) The district may develop recreational facilities and issue bonds for the facilities under Chapter 49, Water Code, notwithstanding any overlap of the district's territory with the territory of one or more political subdivisions authorized to develop recreational facilities and issue bonds under Chapter 49, Water Code.

(b) The authority of the district to develop recreational facilities and issue bonds under this section does not limit the authority of any other political subdivision whose territory the territory of the district may overlap, wholly or partly, to develop recreational facilities and issue bonds under Chapter 49, Water Code.

Added by Acts 2009, 81st Leg., R.S., Ch. 871 (S.B. 2509), Sec. 1, eff. June 19, 2009.

Section: Previous  9041.004  9041.005  9041.006  9041.051  9041.052  9041.101  9041.102  9041.103  9041.104  9041.105  9041.151  9041.152  9041.153  9041.201  9041.202

Last modified: September 28, 2016