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House Bill 4754 |
House Author: Kuempel |
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Effective: 6-19-09 |
Senate Sponsor: Wentworth |
House Bill 4754 amends the Special District Local Laws Code to create the Guadalupe County Municipal Utility District No. 3, subject to voter approval at a confirmation election. The bill grants the district the power to undertake certain road projects, but the issuance of property tax bonds for such projects requires the approval of a two-thirds majority of district voters voting in an election, and the total bonds and obligations for such projects may not exceed one-fourth of the assessed value of the real property in the district. The bill prohibits the district from exercising the power of eminent domain outside the district to acquire a site or easement for a road project or a recreational facility.