BONDS FOR ROAD PROJECTS.

Tex. SPEC. DIST. LOCAL LAWS Code § 8218.202.
in effect
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At the time of issuance, the total principal amount of a bond, note, or other obligation issued or incurred to finance a road project may not exceed one-fourth of the assessed value of real property in the district. Added by Acts 2007, 80th Leg., R.S., Ch. 580 (S.B. 1961 ), Sec. 1, eff. June 16, 2007.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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