Texas Health And Safety Code § 363.135 Bond Payment And Security

Sec. 363.135. BOND PAYMENT AND SECURITY. A public agency may pay the principal of and interest on bonds:

(1) from the levy and collection of taxes on all taxable property in the public agency's boundaries if the public agency is authorized by law to levy and collect property taxes;

(2) by pledging all or part of the designated revenues from the ownership or operation of physical property of a solid waste management system, including a resource recovery system, or from a contract entered into by a public agency under this chapter; or

(3) from other income of the public agency.

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Section: Previous  363.117  363.118  363.119  363.131  363.132  363.133  363.134  363.135  363.136  363.137  363.138  363.139  363.140  363.141  363.142  Next

Last modified: September 28, 2016