Sec. 8235.202. BONDS FOR ROAD PROJECTS. 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 according to the most recent certified tax appraisal roll for Harris County.
Added by Acts 2007, 80th Leg., R.S., Ch. 784 (H.B. 3989), Sec. 1, eff. June 15, 2007.
Section: Previous 8235.001 8235.002 8235.003 8235.004 8235.005 8235.051 8235.052 8235.101 8235.102 8235.103 8235.104 8235.151 8235.152 8235.201 8235.202Last modified: September 28, 2016