Consent of Municipality Required

Tex. Special District Local Laws Code § 3971.0507, under Chapter 3971. Sh130 Municipal Management District No. 1.

Tex. Special District Local Laws Code § 3971.0507

Sec. 3971.0507. CONSENT OF MUNICIPALITY REQUIRED. (a) The board may not issue bonds until each municipality in whose corporate limits or extraterritorial jurisdiction the district is located has consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district. (b) This section applies only to the district's first issuance of bonds payable from ad valorem taxes. Added by Acts 2019, 86th Leg., R.S., Ch. 473 (H.B. 4694), Sec. 1, eff. June 7, 2019. SUBCHAPTER F. SALES AND USE TAX