Texas § SD.8359.105 - COMPLIANCE WITH MUNICIPAL CONSENT ORDINANCE OR RESOLUTION

§ SD.8359.105. COMPLIANCE WITH MUNICIPAL CONSENT ORDINANCE OR RESOLUTION

COMPLIANCE WITH MUNICIPAL CONSENT ORDINANCE OR RESOLUTION. (a) The district shall comply with all applicable requirements of an ordinance or resolution adopted by the City of Denison in accordance with Section 54.016 or 54.0165 , Water Code, that consents to the creation of the district or to the inclusion of land in the district. The ordinance or resolution of the City of Denison consenting to the creation of the district may limit the amount of the district's bonds and tax rate. (b) The ordinance or resolution of the City of Denison consenting to the inclusion of additional land in the district may be conditioned on the additional land being covered by the development agreement executed under Section 8359.004 . (c) The consent ordinance or resolution of the City of Denison may not impose a restriction or condition not expressly provided under Section 54.016 (f), Water Code, on a new district created under Section 8359.108 or on the inclusion of land in the new district. A restriction or condition on the creation of a new district under Section 8359.108 or the inclusion of land in a new district may not: (1) limit the amount of the new district's bonds or tax rate; or (2) restrict the purposes authorized by this chapter for which the new district may issue bonds. Added by Acts 2009, 81st Leg., R.S., Ch. 1071 (H.B. 4737 ), Sec. 1, eff. September 1, 2009.