Bonds Payable From Ad Valorem Taxes

Tex. Special District Local Laws Code § 9055.256, under Wise County Water Supply District.

Tex. Special District Local Laws Code § 9055.256

Sec. 9055.256. BONDS PAYABLE FROM AD VALOREM TAXES. The district may issue bonds payable from: (1) ad valorem taxes imposed on taxable property in the district; or (2) ad valorem taxes and revenue of the district. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.