Texas Special District Local Laws Code § 3829.254 Financing Of Public Transit System Or Parking Facilities

Sec. 3829.254. FINANCING OF PUBLIC TRANSIT SYSTEM OR PARKING FACILITIES. (a) The district may use any of its resources, including revenue, assessments, taxes, or grant or contract proceeds, to pay the cost of acquiring or operating a public transit system or public parking facilities.

(b) The district may:

(1) set, charge, impose, and collect fees for the use of the public transit system or public parking facilities; and

(2) issue bonds or notes to finance the cost of the public transit system or public parking facilities.

Added by Acts 2009, 81st Leg., R.S., Ch. 1070 (H.B. 4727), Sec. 7, eff. June 19, 2009.

Section: Previous  3829.151  3829.152  3829.153  3829.154  3829.155  3829.156  3829.157  3829.158  3829.159  3829.160  3829.161  3829.201  3829.251  3829.252  3829.253

Last modified: September 28, 2016