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Texas Constitution:Article III, Section 49-d-9: Difference between revisions
Texas Constitution:Article III, Section 49-d-9 (view source)
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'''(b) Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article applies to the bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of previously authorized bonds does not apply to the bonds authorized by and issued under this section.''' | '''(b) Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article applies to the bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of previously authorized bonds does not apply to the bonds authorized by and issued under this section.''' | ||
'''(c) A limitation on the percentage of | '''(c) A limitation on the percentage of State participation in any single project imposed by this Article does not apply to a project funded with the proceeds of bonds issued under the authority of Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article or this section.''' | ||
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