Establishes Montgomery County Municipal Utility District No. 258, grants limited powers, and outlines financial provisions.

The bill creates the Montgomery County Municipal Utility District No. 258 in Texas, defining its territory and governance. The district is governed by a board of five elected directors. It has the authority to design, acquire, construct, finance, issue bonds for, improve, operate, maintain, and convey roads and related improvements. The district can issue bonds and impose taxes, but it cannot exercise eminent domain. The bill outlines financial provisions, including the authority to issue bonds and impose taxes, with certain limitations and requirements for voter approval.

Establishes Montgomery County Municipal Utility District No. 258, grants limited powers, and outlines financial provisions.

The bill creates the Montgomery County Municipal Utility District No. 258 in Texas, defining its territory and governance. The district is governed by a board of five elected directors. It has the authority to design, acquire, construct, finance, issue bonds for, improve, operate, maintain, and convey roads and related improvements. The district can issue bonds and impose taxes, but it cannot exercise eminent domain. The bill outlines financial provisions, including the authority to issue bonds and impose taxes, with certain limitations and requirements for voter approval.