Texas HB5689 amends the Special District Local Laws Code to validate acts of the Cole Ranch Improvement District No. 1 and limits bond amounts.

Texas HB5689 amends the Special District Local Laws Code to validate and confirm all governmental acts and proceedings of the Cole Ranch Improvement District No. 1 of Denton County, Texas, taken before the effective date of this Act. It also limits the principal amount of bonds secured by ad valorem taxes issued by the district to 10 percent of the assessed value of all real property in the district. The Act validates the legal notice process and ensures compliance with constitutional and legislative requirements.

Texas HB5689 amends the Special District Local Laws Code to validate acts of the Cole Ranch Improvement District No. 1 and limits bond amounts.

Texas HB5689 amends the Special District Local Laws Code to validate and confirm all governmental acts and proceedings of the Cole Ranch Improvement District No. 1 of Denton County, Texas, taken before the effective date of this Act. It also limits the principal amount of bonds secured by ad valorem taxes issued by the district to 10 percent of the assessed value of all real property in the district. The Act validates the legal notice process and ensures compliance with constitutional and legislative requirements.