Limit On Parks and Recreation Bonds

Tex. Special District Local Laws Code § 3860.207, under Chapter 3860. Harris County Improvement District No. 10.

Tex. Special District Local Laws Code § 3860.207

Sec. 3860.207. LIMIT ON PARKS AND RECREATION BONDS. Bonds issued to finance parks and recreational facilities may not exceed one percent of the assessed value of the 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. 968 (H.B. 4134), Sec. 1, eff. June 15, 2007.