Special District Local Laws Code § 7993A.0503
A district may not issue or incur road-project bonds or other obligations payable from ad valorem taxes if the total principal exceeds one-fourth of the assessed value of the district’s real property.
- Jurisdiction
- United States — Texas
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- Code
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- Language
- en
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bond issuance property tax road project financing
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Special District Local Laws Code § 7993A.0503
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