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GENERAL OBLIGATION BONDS.

El Paso City Charter, art. VII, § 7.17
in effect
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Section 7.17 - GENERAL OBLIGATION BONDS. General obligation bonds may be issued for any lawful purpose in accordance with the laws of Texas and, where required by law, shall be issued only when authorized through a bond election. The total principal amount of such bonds together with the principal amount of all other outstanding tax indebtedness of the City shall not exceed ten percent of the total assessed valuation of the City's tax rolls.
Source: City of El Paso, City Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tx/el_paso/codes/code_of_ordinances?nodeId=CH_ARTVIIPUFI_S7.17GEOBBOFetched: 10/28/2026

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