Untitled Texas Attorney General Opinion

QiXfice of the 5!lttornep @enera Mate of Qexae DAN MORALES Al-ronNLY GENERAL Jmuaiy25,19% Mr. Ray Far&es Opiion No. DM,374 of&e OfGeneral ColuLwl The University of Texas System Re: Whether the El Paso County Water 201 west seventh street Jmprovement District No. 1 may, pursuant Austin, Texas 787013981 to chapter 55, subchapter N of the Water code,assessrtaxonthe~tbasis against land belonging to the Permanent University Fund (IQ-71 5) Dear Mr. Farabee~ You have requested our opinion as to whether land belong@ to the permanent University Fund’is subject to taxation on a be&t basis under chapter…