Sec. 1476.002. AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS FOR CERTAIN PURPOSES    


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  • A county may issue certificates of indebtedness:

    (1) in an amount not to exceed $2 million to construct, enlarge, furnish, equip, or repair a county building or other permanent improvement; or

    (2) in an amount not to exceed $3.5 million to:

    (A) purchase right-of-way in participation with the Texas Department of Transportation in connection with a designated state highway; or

    (B) construct a curb, gutter, or drainage facility for a designated state highway.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.