Exchanging Bonds For Property Or Work

Tex. Special District Local Laws Code § 9053.202, under Lazy River Improvement District.

Tex. Special District Local Laws Code § 9053.202

Sec. 9053.202. EXCHANGING BONDS FOR PROPERTY OR WORK. The district may exchange bonds, including refunding bonds: (1) for property acquired by purchase; or (2) in payment of the contract price of work performed or materials or services provided for the use and benefit of the district. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.