Sec. 1088.201. GENERAL OBLIGATION BONDS  


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  • The board may issue and sell general obligation bonds authorized by an election in the name and on the faith and credit of the district to:

    (1) purchase, construct, acquire, repair, or renovate buildings or improvements;

    (2) equip the buildings or improvements; and

    (3) acquire sites to be used for district purposes.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 , Sec. 1.01, eff. April 1, 2011.