| (H) street lighting, except for a district operating
under TWC, Chapter 54, pursuant to TWC, §54.236, as amended.
(4) A district's outstanding principal debt (bonds,
notes, and other obligations), supported by ad valorem taxes, for
recreational facilities may not exceed 1% of the taxable value of
property in the district, as supported by a certificate from the central
appraisal district, at the time of issuance of the debt or exceed
the estimated cost provided in the park plan required under TWC, §49.4645(b),
whichever is smaller. If supported by contract taxes under TWC, §49.108,
the outstanding principal debt (bonds, notes, and other obligations)
may not exceed an amount equal to 1% of the value of the taxable property
in the district or districts making payments under the contract. An
estimate of the value provided by the central appraisal district may
be used to establish the value of the taxable property in the district
or districts.
(5) A district may submit a bond application that proposes
to fund recreational facilities only after or at the same time a district
has funded water, wastewater, and/or drainage facilities, depending
on a district's authorized functions, to serve the section that includes
the recreational facilities or to serve areas along roads that are
either adjacent to the recreational facilities or are necessary to
provide access to the recreational facilities.
(6) Plans and specifications for recreational facilities
must be signed and sealed by a registered landscape architect, a licensed
professional engineer, or any other design professional allowed by
law to engage in landscape architecture.
|
| Source Note: The provisions of this §293.41 adopted to be effective October 22, 1996, 21 TexReg 9905; amended to be effective June 5, 1998, 23 TexReg 5715; amended to be effective May 5, 2005, 30 TexReg 2533; amended to be effective October 26, 2006, 31 TexReg 8699; amended to be effective July 31, 2008, 33 TexReg 5936; amended to be effective April 21, 2013, 38 TexReg 2372; amended to be effective November 13, 2014, 39 TexReg 8730 |
