Special District Local Laws Code § 8321.101
The district may issue road-project bonds or other obligations, but ad valorem tax-backed bonds need two-thirds voter approval and the total principal is capped at one-fourth of assessed real property value at issuance.
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- United States — Texas
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- Code
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- Language
- en
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bond issuance road projects tax-backed financing
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Special District Local Laws Code § 8321.101
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