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Texas Transportation Code - Chapter 317 Elimination Of Grade-Level Street Crossings By Railroad Lines In Municipalities With Population Of More Than 100,000Legal Research Home > Texas Lawyer > Transportation Code > Texas Transportation Code - Chapter 317 Elimination Of Grade-Level Street Crossings By Railroad Lines In Municipalities With Population Of More Than 100,000 This chapter applies only to a municipality with a population of more than 100,000. Added by Acts 1999, 76th Leg., ch. 227, § 24, eff. ... In this chapter, "facility" means property that the governing body of a municipality considers necessary for the elimination of a grade-level crossing by a railroad ... (a) To decrease hazards to life or property, promote public safety or convenience, improve traffic conditions, or encourage the orderly development of the municipality, a ... Except to the extent that it conflicts or is inconsistent with this chapter, Subchapter B, Chapter 1502, Government Code, applies to revenue bonds issued under ... To the extent of a conflict or inconsistency between this chapter and a municipal charter, this chapter controls. Added by Acts 1999, 76th Leg., ch. ... (a) In this section, "agreement" includes a contract, lease, conveyance, contract of sale, or lease-purchase contract. (b) The governing body of a municipality may enter ... (a) A municipality may exercise the power of eminent domain to acquire the fee simple title to, an easement in, or a right-of-way over or ... In this subchapter, "board" means a board of trustees established under Section 317.052. Added by Acts 1999, 76th Leg., ch. 227, § 24, eff. Sept. ... An ordinance authorizing the issuance of revenue bonds under this chapter may provide that while the principal of or interest on the bonds is outstanding, ... A board may consist of not more than seven members, one of whom must be a member of the governing body of the municipality. Added ... (a) An ordinance under Section 317.052 that vests management and control of a facility in a board must: (1) specify the board members' compensation, which ... In this subchapter, "net revenue" means the gross revenue derived from the operation or use of a facility the net revenue of which is pledged ... The governing body of a municipality by ordinance may issue tax bonds, revenue bonds, or both to provide money for a facility. Added by Acts ... (a) Tax bonds, other than refunding bonds, may be issued only if authorized by a majority of the qualified voters voting at an election held ... A bond issued under this chapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, § ... A bond issued under this chapter must be signed by the mayor or presiding officer of the municipality and countersigned by the municipal secretary or ... A municipality may sell bonds issued under this chapter at a public or private sale under terms determined by the governing body to be the ... (a) The ordinance of the governing body of the municipality authorizing the issuance of revenue bonds and the related proceedings may: (1) provide for the ... The governing body of a municipality may adopt and have executed any other proceeding or instrument necessary or convenient in the issuance of revenue bonds. ... (a) If revenue bonds issued under this chapter state that they are secured in whole or in part by a pledge of the proceeds from ... (a) Revenue bonds may be secured by a pledge of and paid from: (1) the net revenue derived from the operation or use of all ... From the proceeds of bonds issued under this chapter, the governing body of a municipality may appropriate or set aside: (1) an amount for the ... (a) As additional security for the payment of revenue bonds issued under this chapter, the governing body of a municipality may have executed in favor ... The provisions of this chapter relating to original bonds apply to refunding bonds issued under this chapter to the extent the provisions can be made ... (a) The governing body of a municipality by ordinance may issue tax bonds under this chapter to refund outstanding original or refunding bonds issued by ... The governing body of a municipality by ordinance may issue revenue bonds under this chapter to refund outstanding original or refunding revenue bonds issued by ... (a) Revenue refunding bonds may: (1) be combined with new or original revenue bonds into one series or issue; (2) be issued to refund bonds ... (a) Except as provided by Subsection (b), the comptroller shall register refunding bonds on surrender and cancellation of the bonds to be refunded. (b) The ... (a) The proceeds from revenue refunding bonds that are deposited as provided by Section 317.155(b) shall be held under an escrow agreement so that the ... Last modified: August 10, 2007 |