Texas SB3045 creates the Hills of Walnut Creek Municipal Utility District of Parker County, granting it powers to issue bonds, impose taxes, and.
Texas SB3045 establishes the Hills of Walnut Creek Municipal Utility District of Parker County, governed by a board of five elected directors. The district has the authority to issue bonds and impose taxes, including an operation and maintenance tax, subject to voter approval. It can also undertake road projects, provided they meet local construction standards. The district is initially composed of a specific area in Parker County, Texas, and must comply with municipal consent ordinances.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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