Sec. 8236.202. 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 Waller County. Added by Acts 2007, 80th Leg., R.S., Ch. 1153 (S.B. 1954), Sec. 1, eff. June 15, 2007.
Bonds For Road Projects
Tex. Special District Local Laws Code § 8236.202, under Waller County Municipal Utility District No. 2.
Tex. Special District Local Laws Code § 8236.202