Texas Government Code Title 9, Chapter 1509 - Obligations For Other Municipal Purposes
SUBCHAPTER A BONDS FOR FACILITIES TO BE SOLD OR LEASED TO PUBLIC OR PRIVATE ENTITIES
- Texas Section 1509.001 - Authority To Acquire Property For Lease To Public Or Private Entity
(a) A municipality may acquire land and may construct or acquire a building or other facility for the purpose of leasing the land, building, or...
- Texas Section 1509.002 - Authority To Acquire Property For Sale Or Lease To Institution Of Higher Education
(a) In this section, "institution of higher education" has the meaning assigned by Section 61.003, Education Code. (b) This section applies only to a municipality...
- Texas Section 1509.003 - Authority To Issue Bonds
To develop and diversify the economy of this state and eliminate unemployment or underemployment in this state under the authority granted by Section 52-a, Article...
- Texas Section 1509.004 - Bond Payments From Revenue Or Taxes
(a) A municipality may provide for payment of the principal of and interest on bonds issued under this subchapter by: (1) pledging all or part...
- Texas Section 1509.005 - Election Required To Secure Bonds With Tax Revenue
Bonds to be issued under this subchapter that are payable in whole or in part from ad valorem taxes must be approved, before issuance, by...
- Texas Section 1509.006 - Contents Of Ordinance, Order, Or Resolution Authorizing Bonds
(a) In the ordinance, order, or resolution authorizing the issuance of bonds under this subchapter, the governing body of a municipality may provide for the...
- Texas Section 1509.007 - Adoption And Execution Of Documents
The governing body of a municipality may adopt and have executed any proceeding or instrument necessary and convenient in: (1) the issuance of bonds under...
- Texas Section 1509.008 - Maturity
A bond issued under this subchapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec....
- Texas Section 1509.009 - Imposition Of Tax
(a) The governing body of a municipality may annually impose ad valorem taxes to pay the principal of and interest on bonds issued under this...
SUBCHAPTER C BONDS FOR FARMERS' MARKETS IN MUNICIPALITIES WITH POPULATION OF MORE THAN 650,000
- Texas Section 1509.010 - Grants For Prisons Or Law Enforcement Facilities Not Prohibited
This subchapter does not prohibit a municipality from making a grant of money or property to an agency of this state to assist the agency...
- Texas Section 1509.101 - Applicability Of Subchapter
This subchapter applies only to a municipality with a population of more than 1.1 million. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1,...
- Texas Section 1509.102 - Definition
In this subchapter, "farmers' market" means a public marketplace where a person is permitted to sell agricultural and other products. Added by Acts 1999, 76th...
- Texas Section 1509.103 - Authority For Farmers' Market
A municipality may: (1) acquire, lease as lessor or lessee, construct, improve, enlarge, or operate a farmers' market; and (2) contract with any public or...
- Texas Section 1509.104 - Authority To Issue Revenue Bonds
The governing body of a municipality may issue revenue bonds for a purpose authorized by Section 1509.103. Added by Acts 1999, 76th Leg., ch. 227,...
- Texas Section 1509.105 - Pledge Of Revenue
A municipality may pledge all or part of the revenue, income, or receipts from the farmers' market to the payment of the bonds, including principal,...
- Texas Section 1509.106 - Additional Security
(a) Bonds issued under this subchapter may be additionally secured by: (1) an encumbrance on any real property relating to a farmers' market owned or...
- Texas Section 1509.107 - Maturity
A bond issued under this subchapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec....
- Texas Section 1509.108 - Additional Bonds
The ordinance authorizing the issuance of bonds under this subchapter may provide for the subsequent issuance of additional parity bonds or subordinate lien bonds under...
- Texas Section 1509.109 - Sale Of Bonds
A municipality may sell bonds issued under this subchapter in the manner and under the terms provided by the ordinance authorizing the issuance of the...
- Texas Section 1509.110 - Review And Approval Of Contracts Relating To Bonds
(a) If bonds issued under this subchapter state that the bonds are secured by a pledge of revenue or rents from a contract, including a...
- Texas Section 1509.111 - Charges
(a) The governing body of a municipality may impose and collect charges for the use or availability of the farmers' market. (b) The municipality shall...
- Texas Section 1509.112 - Refunding Bonds
(a) A municipality may refund or otherwise refinance bonds issued under this subchapter by issuing refunding bonds under any terms provided by an ordinance of...
- Texas Section 1509.113 - Public Purpose
The acquisition, construction, improvement, enlargement, equipment, operation, or maintenance of property or a facility for providing a farmers' market is a public purpose and a...
SUBCHAPTER D BONDS FOR GARBAGE RECLAMATION PROJECTS
- Texas Section 1509.114 - Conflict Or Inconsistency With Other Law
When bonds are issued under this subchapter, to the extent of any conflict or inconsistency between this subchapter and another law, this subchapter controls. Added...
- Texas Section 1509.151 - Definition
In this chapter, "garbage reclamation project" means an undertaking by which solid waste products are converted into a form usable by persons for any purpose,...
- Texas Section 1509.152 - Authority For Garbage Reclamation Projects
A municipality may own and operate a garbage reclamation project. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
- Texas Section 1509.153 - Authority To Issue Bonds
If necessary to exercise the authority granted by Section 1509.152, the governing body of a municipality may issue and sell bonds to finance: (1) the...
- Texas Section 1509.154 - Bond Payments From Revenue Or Taxes
The governing body of the municipality may provide for payment of the principal of and interest on bonds issued under this subchapter by: (1) pledging...
- Texas Section 1509.155 - Additional Security
(a) Bonds issued under this subchapter may be secured additionally by an encumbrance on part or all of the physical property of the garbage reclamation...
- Texas Section 1509.156 - Election
(a) The governing body of the municipality may not issue bonds under this subchapter unless the issuance is authorized by a majority of the qualified...
- Texas Section 1509.157 - Ballot Proposition
(a) At an election to authorize bonds payable wholly from revenue from the garbage reclamation project, the ballots shall be printed to provide for voting...
- Texas Section 1509.158 - Contents Of Order Or Resolution Authorizing Bonds
(a) An order or resolution of the governing body of the municipality authorizing the issuance of bonds under this subchapter may provide for the flow...
- Texas Section 1509.159 - Adoption And Execution Of Documents
The governing body of the municipality may adopt and have executed any other proceeding or instrument necessary and convenient in the issuance of bonds under...
- Texas Section 1509.160 - Maturity
A bond issued under this subchapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec....
- Texas Section 1509.161 - Imposition Of Tax
(a) The governing body of the municipality may annually impose ad valorem taxes to pay bonds issued under this subchapter that are payable in whole...
- Texas Section 1509.162 - Refunding Bonds
(a) A municipality may issue refunding bonds to refund all or any part of its outstanding bonds issued under this subchapter, including matured but unpaid...
SUBCHAPTER E BONDS FOR ACQUISITION OF PROPERTY BY MUNICIPALITY OPERATING TOLL BRIDGE OVER RIO GRANDE
- Texas Section 1509.163 - Exemption From Taxation
A bond issued under this subchapter, any transaction related to the bond, and profits made in the sale of the bond are exempt from taxation...
- Texas Section 1509.201 - Applicability Of Subchapter
This subchapter applies only to a municipality that owns and operates a portion of a toll bridge over the Rio Grande. Added by Acts 1999,...
- Texas Section 1509.202 - Authority For Property, Facility, Or Activity
A municipality may acquire, construct, improve, enlarge, equip, operate, or maintain property, a facility, or an activity for a public purpose. Added by Acts 1999,...
- Texas Section 1509.203 - Authority To Issue Revenue Bonds
To provide money to acquire, construct, improve, enlarge, or equip property or a facility for a public purpose, the governing body of a municipality may...
- Texas Section 1509.204 - Pledge Of Revenue
A municipality may pledge to the payment of bonds issued under this subchapter, including the principal of, interest on, or another amount required or permitted...
- Texas Section 1509.205 - Additional Security
(a) Bonds issued under this subchapter may be additionally secured by: (1) an encumbrance on any real property owned by the municipality; (2) an encumbrance...
- Texas Section 1509.206 - Bonds Not Payable From Taxes
A bond issued under this subchapter: (1) is payable only from the revenue, income, receipts, or another resource of the municipality as provided by this...
- Texas Section 1509.207 - Maturity
A bond issued under this subchapter must mature not later than 50 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec....
- Texas Section 1509.208 - Additional Bonds
The ordinance authorizing the issuance of bonds under this subchapter may provide for the subsequent issuance of additional parity or subordinate lien bonds under terms...
- Texas Section 1509.209 - Sale Of Bonds
A municipality may sell bonds issued under this subchapter in the manner and on the terms provided by the bond authorization. Added by Acts 1999,...
- Texas Section 1509.210 - Charges
(a) The governing body of the municipality may impose and collect a charge for the use or availability of: (1) municipal property, including a toll...
- Texas Section 1509.211 - Lease Or Rental Of Property Or Facility To United States
The municipality may lease or rent to the United States any property or facility acquired, constructed, improved, enlarged, or equipped in whole or in part...
- Texas Section 1509.212 - Refunding Bonds
(a) A municipality may refund or otherwise refinance bonds issued under this subchapter by issuing refunding bonds under any terms provided by an ordinance of...
- Texas Section 1509.213 - Public Purpose
The acquisition, construction, improvement, enlargement, or equipment by a municipality of property or a facility for lease or rental to the United States for use...
SUBCHAPTER Z MISCELLANEOUS PROVISIONS
- Texas Section 1509.214 - Conflict Or Inconsistency With Other Law
When bonds are being issued under this subchapter, to the extent of a conflict or inconsistency between this subchapter and another law, this subchapter controls....
- Texas Section 1509.901 - Pledge Of Revenue From Toll Bridge Contract
A municipality that receives revenue because of a contract with another municipality relating to the operation of a toll bridge over the Rio Grande may...
- Texas Section 1509.902 - Authority To Issue Bonds Payable From Toll Bridge Revenue; Pledge Of Toll Bridge Revenue
(a) This section applies only to a municipality that: (1) has located within its municipal boundaries or within 15 miles of its municipal boundaries a...
Last modified: September 28, 2016