The Basic Principles Of league city land

(b) Bonds issued beneath this segment constitute a common obligation from the point out. Although any of your bonds or interest about the bonds is outstanding and unpaid, There may be appropriated away from the very first funds coming in the treasury in Each and every fiscal yr, not usually appropriated by this Structure, the amount ample to pay the principal of and desire around the bonds that experienced or turn into owing through the fiscal year, significantly less any quantity in any sinking fund at the conclusion of the previous fiscal calendar year that's pledged to payment in the bonds or interest.

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(3) fork out the principal of and desire on earnings bonds of your Board or make bond enhancement payments with respect to the bonds.

(e) The Legislature could provide with the financial commitment of moneys readily available inside the Texas Park Improvement Fund and the curiosity and sinking fund founded for your payment of bonds issued by reported Parks and Wildlife Department, or its reported successor. Earnings from these types of financial commitment shall be employed for the applications prescribed with the Legislature.

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(b) A vote taken by either property have to be by file vote Together with the vote of every member entered during the journal of that household If your vote is on last passage of a Invoice, a resolution proposing or ratifying a constitutional amendment, or One more resolution in addition to a resolution of the purely ceremonial or honorary mother nature. Possibly dwelling by rule might offer for exceptions to this requirement for your Invoice that applies only to one district or political subdivision of the condition.

(9) payments received because of the Board underneath a bond improvement settlement with regard for the bonds; and

(twenty five) extending the time for that evaluation or assortment of taxes, or otherwise relieving any assessor or collector of taxes in the thanks efficiency of his official responsibilities, or his securities from legal responsibility;

(h) Through the moneys acquired from the Texas Water Progress Board as repayment of principal for monetary guidance or as desire thereon, there shall be deposited inside the interest and sinking fund with the bonds adequate moneys to pay the interest and principal to become due all through the ensuing 12 months and ample to establish and maintain a reserve in mentioned fund equivalent to the standard annual principal and curiosity prerequisites on all excellent bonds.

(3) cash attributable to bonds issued and marketed via the Board to provide dollars with the fund, such as the proceeds in the issuance and sale of bonds;

(e) The have a peek at this web-site Governor's proclamation need to declare that a period of emergency ensuing from disasters because of enemy assault exists, or the instant threat of enemy assault exists, and that suspension of constitutional policies relating to legislative procedure is important to assure continuity of point out government.

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Sec. 37. REFERENCE TO COMMITTEE AND REPORT. No Invoice shall be regarded, Unless of course it has been initially referred to your committee and described thereon, and no Monthly bill shall be handed which has not been introduced and referred to and described from the committee not less than 3 times prior to the closing adjournment of your Legislature.

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