Taxes and Bonds For Recreational Facilities

Tex. Special District Local Laws Code § 3867.206, under Chapter 3867. Pearland Municipal Management District No. 2.

Tex. Special District Local Laws Code § 3867.206

Sec. 3867.206. TAXES AND BONDS FOR RECREATIONAL FACILITIES. (a) The limitation on the outstanding principal amount of bonds, notes, and other obligations provided by Section 49.4645, Water Code, does not apply to the district. (b) Section 49.107(h), Water Code, does not apply to the district. Added by Acts 2013, 83rd Leg., R.S., Ch. 582 (S.B. 863), Sec. 1, eff. June 14, 2013.