§ 8-8. General obligation bonds.

Latest version.

The city shall have the power to borrow money on the credit of the city and to issue general obligation bonds for permanent public improvements or for any other public purpose not prohibited by the constitution and laws of the State of Texas as now or hereafter amended, and to issue refunding bonds to refund outstanding bonds of the city previously issued. All such bonds shall be in conformity with the laws of the State of Texas as now or hereafter amended.

                    
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