Texas Government Code Title 9, Chapter 1432 - Bonds For Local Government Sports Centers

• Texas Section 1432.001 - Applicability Of Chapter
  (a) This chapter applies only to a local government that has all or most of its territory located in a county with a population of...
• Texas Section 1432.002 - Definitions
  In this chapter: (1) "Bond authorization" means an ordinance of the governing body of a municipality, a resolution of the board of trustees of an...
• Texas Section 1432.003 - Authority For Sports Centers
  (a) A local government may construct, acquire, lease, improve, enlarge, and operate one or more facilities used for sporting activities or events, including auxiliary facilities...
• Texas Section 1432.004 - Authority To Issue Revenue Bonds
  The governing body of a local government may issue revenue bonds for a purpose authorized by Section 1432.003. Added by Acts 1999, 76th Leg., ch....
• Texas Section 1432.005 - Pledge Of Revenue
  A local government may pledge all or part of the revenue, income, or receipts from a facility authorized by this chapter to the payment of...
• Texas Section 1432.006 - Additional Security
  (a) Bonds issued under this chapter may be additionally secured by: (1) an encumbrance on any real property relating to a facility authorized by this...
• Texas Section 1432.007 - Bonds Not Payable From Taxes
  A holder of a bond issued under this chapter is not entitled to demand payment of the bond from money raised by taxation. Added by...
• Texas Section 1432.008 - Maturity
  A bond issued under this chapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec....
• Texas Section 1432.009 - Additional Bonds
  The bond authorization may provide for the subsequent issuance of additional parity bonds or subordinate lien bonds under terms specified in the authorization. Added by...
• Texas Section 1432.010 - Sale Of Bonds
  A local government may sell bonds issued under this chapter in the manner and under the terms provided by the bond authorization. Added by Acts...
• Texas Section 1432.011 - Review And Approval Of Contracts Relating To Bonds
  (a) If bonds issued under this chapter state that they are secured by a pledge of revenue or rents from a contract, including a lease...
• Texas Section 1432.012 - Charges
  (a) The governing body of a local government may impose and collect charges for the use or availability of a facility authorized by this chapter....
• Texas Section 1432.013 - Refunding Bonds
  (a) A local government may refund or otherwise refinance bonds issued under this chapter by issuing refunding bonds under any terms provided by a bond...
• Texas Section 1432.014 - Public Purpose
  The acquisition, construction, improvement, enlargement, equipment, operation, and maintenance of a facility authorized by this chapter is a public purpose and a proper function of...
• Texas Section 1432.015 - Conflict Or Inconsistency With Other Law
  When bonds are issued under this subchapter, to the extent of any conflict or inconsistency between this chapter and another law, this chapter controls. Added...

Last modified: September 28, 2016