The district may issue its bonds for any purpose authorized by this chapter, Chapter 49, or other applicable laws, including the purpose of purchasing, constructing, acquiring, owning, operating, repairing, improving, or extending any district works, improvements, facilities, plants, equipment, and appliances needed to accomplish the purposes set forth in Section 54.012 for which a district shall be created, including works, improvements, facilities, plants, equipment, and appliances needed to provide a waterworks system, sanitary sewer system, storm sewer system, geothermal water conveyance system, and solid waste disposal system.
Tex. Water Code § 54.501
ISSUANCE OF BONDS
Applied in 2 court decisions — leading case Maple Run at Austin Municipal Utility District v. Monaghan (1996)
Most recently applied in Maple Run at Austin Municipal Utility District v. Monaghan (October 1996)
Added by Acts 1971, 62nd Leg., p. 795, ch. 84, Sec. 1
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.