Special District Local Laws Code § 8352.153
The district may issue ad valorem tax-backed road bonds only if voters approve them by a two-thirds vote, and the principal amount at issuance cannot exceed one-fourth of the district’s real-property assessed value.
- Jurisdiction
- United States — Texas
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- Code
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- Undated source snapshot
- Language
- en
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bond issuance road projects tax-backed financing
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Special District Local Laws Code § 8352.153
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