Texas HB5690 validates acts and proceedings of Hunter Ranch Improvement District No. 1 in Denton County and sets bond limits.

Texas HB5690 validates all governmental acts and proceedings of the Hunter Ranch Improvement District No. 1 of Denton County, Texas, taken before the effective date of this Act. It confirms Denton County retains its rights, powers, privileges, authority, duties, and functions. The Act amends the Special District Local Laws Code to limit the principal amount of bonds secured by ad valorem taxes to 10 percent of the assessed value of all real property in the district.

Texas HB5690 validates acts and proceedings of Hunter Ranch Improvement District No. 1 in Denton County and sets bond limits.

Texas HB5690 validates all governmental acts and proceedings of the Hunter Ranch Improvement District No. 1 of Denton County, Texas, taken before the effective date of this Act. It confirms Denton County retains its rights, powers, privileges, authority, duties, and functions. The Act amends the Special District Local Laws Code to limit the principal amount of bonds secured by ad valorem taxes to 10 percent of the assessed value of all real property in the district.