Common use of Notice Regarding Taxing Districts (§49.452 Texas Water Code) Clause in Contracts

Notice Regarding Taxing Districts (§49.452 Texas Water Code). If the Property is located in a district created under Title 4 of the Texas Water Code (currently Chapters 49 through 68) or by a special act of the legislature, that is providing or proposing to provide water, sanitary sewer, drainage, or flood control or protection facilities or services, or any of these facilities or services that have been financed or are proposed to be financed with bonds of the district payable in whole or part from taxes of the district, or by imposition of a standby fee, if any, then pursuant to Section 49.452 of the Texas Water Code Seller gives Buyer the notice in the attached Exhibit E, which is incorporated into this Agreement for all purposes.

Appears in 7 contracts

Samples: Purchase and Sale Agreement (HF Enterprises Inc.), Purchase and Sale Agreement (HF Enterprises Inc.), Purchase and Sale Agreement (HF Enterprises Inc.)

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