Tex. Spec. Dist. Local Laws Code § 9019.102 · Subchapter C. POWERS AND DUTIES
POWER TO ACQUIRE PROPERTY AND ASSUME INDEBTEDNESS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may purchase or otherwise acquire from the city any property owned by the city, for the production, distribution, and sale of water and everything appurtenant thereto on terms agreed to by the governing bodies of the city and the district.
(b) The district may assume all outstanding bonds, warrants, and other forms of indebtedness of the city issued for waterworks purposes, including indebtedness payable from:
(1) the revenue of the city's waterworks system; or
(2) ad valorem taxes.
(c) The assumption of indebtedness described by Subsection (b) must first be approved at an election held in the district in the manner provided by this chapter for bond elections.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9019.htm
- Text hash
- sha256 5f33bc9d7468fea1bc1bbc58ab05bd7b07a91579b350dea6871e08455020ee97
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.