Tex. Water Code § 55.499

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 55.499 - Amount of Bonds

The bonds shall be sufficient in amount to pay for the proposed improvements together with necessary incidental expenses connected with the improvements, but the amount shall not be more than the amount specified in the order and notice of election. The total amount of the bonds shall include:

(1) the amount of the engineer's estimate;

(2) incidental expenses;

(3) organization expenses; and

(4) cost of additional work caused by any change or modification made by the directors.

Tex. Water Code § 55.499

Acts 1971, 62nd Leg., p. 466, ch. 58, Sec. 1, eff. 8/30/1971.