§ 3946.251 Development Agreement Required to Borrow Money or Impose Assessments
§ 3946.252 Borrowing Money
§ 3946.253 Bonds and Other Obligations
§ 3946.254 Bond Maturity
§ 3946.255 Issuer Powers for Certain Public Improvements
§ 3946.256 General Powers Regarding Payment of District Bonds, Obligations, or Other Costs
§ 3946.257 Assessments
§ 3946.258 Costs for Improvement Projects
§ 3946.259 Residential Property Not Exempt
§ 3946.260 No Impact Fees
§ 3946.261 No Ad Valorem Tax

Terms Used In Texas Special District Local Laws Code Chapter 3946 > Subchapter F - General Financial Provisions

  • Contract: A legal written agreement that becomes binding when signed.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005