Requirements For Advertising Bond Issue

Tex. Special District Local Laws Code § 3974.1004, under Chapter 3974. Wright Farm Municipal Management District of Johnson County.

Tex. Special District Local Laws Code § 3974.1004

Sec. 3974.1004. REQUIREMENTS FOR ADVERTISING BOND ISSUE. A district may not advertise for an issuance of bonds until the completion of at least 25 percent of the projected value of the improvements, including houses and other buildings, that are liable for district assessments and necessary to support the district bonds. Added by Acts 2019, 86th Leg., R.S., Ch. 1013 (H.B. 4744), Sec. 1, eff. September 1, 2019.