Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES |
Chapter 1477. OBLIGATIONS FOR OTHER COUNTY PURPOSES |
Subchapter B. BONDS FOR WATER SUPPLY FOR COUNTY PURPOSES |
Sec. 1477.054. LIMITATION ON COST
Latest version.
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(a) The total cost of projects undertaken by the county under this subchapter may not exceed $250,000, excluding interest.
(b) The par value of bonds issued under this subchapter for a project may not exceed $250,000.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.