Texas Water Code 63.321 – Assessments to Retire Debt
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Terms Used In Texas Water Code 63.321
- District: means a self-liquidating navigation district. See Texas Water Code 63.001
- Property: means real and personal property. See Texas Government Code 311.005
Assessments which are equitably distributed against property in the district may be used to pay the cost of making improvements and to pay principal of and interest on bonds, notes, debentures, or other evidences of debt issued by the district for improvements.