Houston-Area METRO Wants $3.3B Vote; Lawmaker Objects

Albanese, Elizabeth
May 2003
Bond Buyer;5/6/2003, Vol. 344 Issue 31629, p30
Trade Publication
The Harris County, Texas, Metropolitan Transit Authority wants to bring a 3.3 billion dollar revenue bond referendum to voters in November 2003 to finance a number of mass transit projects, including light rail and high-occupancy vehicle lanes. The agency, which oversees mass transit in Houston, 14 other member cities, and Harris County, introduced its plan to the Houston City Council. If the referendum wins approval from voters, Metro would be given authorization to issue its first debt as a stand-alone agency.


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