The Laws of Texas, 1929-1931 [Volume 27] Page: 131 of 1,943
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FORTY-FIRST LEGISLATURE-FIFTH CALLED SESSION. 119
VALIDATING SEAWALL BONDS.
S. B. No. 68.] CHAPTER 6.
An Act validating and legalizing the authorization of bonds issued by or
on behalf of any County, City, District, or political subdivision of this
State for the construction of Seawalls; validating the levy and assessment
of ad valorem taxes in payment thereof; validating the manner
of holding the election, canvassing the returns and declaring the result
of such election; and declaring an emergency.
Be it enacted by the Legislature of the State of Texas:
SECTION 1. That wherever the Commissioners' Court of any
County, or the Governing Body of any City, District or political
subdivision of this State has ordered an election for the issuance
of Seawall Bonds, pursuant to Section 7 of Article 11 of
the State Constitution, and a two-thirds majority of the qualified
property tax paying voters of such County, City, District, or
Political Subdivision, voting at such election, authorize the issuance
of said bonds and the levy of the tax in payment thereof,
and the Commissioners Court of such County, or the Governing
Body of such City, District or Political Subdivision, has canvassed
the returns of the election held for such purpose, and by
order, ordinance or resolution, duly passed and entered of record,
has found and declared that such bonds were authorized by
a two-thirds majority of the qualified property tax paying
voters, voting at such election, and, thereupon, by proper order,
ordinance or resolution, has authorized the issuance of bonds for
the construction of such Seawalls and levied an ad valorem tax
to pay the principal and interest thereof at maturity, and has
prescribed the date, maturity, rate of interest such bonds are to
bear, the place of payment of principal and interest, each such
election and all acts and proceedings had and taken in connection
therewith by such Commissioners' Court, or the Governing
Body of any City, District or Political Subdivision in this State,
the levy of taxes and the provision made for the payment of the
interest and the sinking fund for the payment of the principal
of such bonds, are hereby legalized, approved and validated; and
such bonds so authorized are hereby validated and constituted
the legal obligations of such County, City, District or Political
Subdivision, and all acts of such bodies in respect to the issuance
of such bonds are hereby legalized and validated, and the Commissioners'
Court, or the Governing Body of any such City, District
or Political Subdivision, is hereby expressly authorized
and directed to provide for the payment of the interest and
principal of any such bonds by the levy of taxes and appropriations
of revenues in the time and manner prescribed by statute.
SEC. 2. The Legislature hereby specifically exercises the
power vested in it by Section 7 of Article 11 of the State Constitution
to provide for the authorization upon a two-thirds vote
of the taxpayers in Counties and Cities bordering on the Coast
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1929-1931 [Volume 27], book, 1931; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth16362/m1/131/: accessed May 21, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .