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Tex. Spec. Dist. Local Laws Code § 9001.203

USE OF BOND PROCEEDS

Added by Acts 2005, 79th Leg., Ch. 446 (S.B. 1828), Sec. 1, eff

The district may use proceeds from the sale of bonds to acquire improvements or facilities:

(1) from a private water supply corporation to provide water or sanitary sewer services to territory in the district; or

(2) to provide services described by Section 9001.101(b).

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.