Texas Transportation Code Title 6, Chapter 367 - Municipal Toll Bridges Over Rio Grande

SUBCHAPTER A GENERAL AUTHORITY RELATING TO TOLL BRIDGES

• Texas Section 367.001 - Applicability Of Subchapter
  This subchapter applies only to a municipality any part of the municipal boundaries of which is within 15 miles of a section of the Rio...
• Texas Section 367.002 - Definition
  In this subchapter, "toll bridge" includes: (1) any part of the physical property comprising a toll bridge; (2) a permit, grant, franchise, right, or privilege...
• Texas Section 367.003 - Authority Of Municipality In Relation To Toll Bridge
  For any public purpose, a municipality may acquire, construct, improve, enlarge, equip, operate, or maintain a toll bridge over a section of the Rio Grande...
• Texas Section 367.004 - Authority Of Municipality To Enter Into Contracts
  For the purpose of taking an action authorized by this subchapter, a municipality may enter into and perform a contract, agreement, or undertaking required by...
• Texas Section 367.005 - Authority To Issue Revenue Bonds
  To provide money to acquire, construct, improve, enlarge, or equip a toll bridge, a part of a toll bridge, or a related building, structure, or...
• Texas Section 367.006 - Interim Financing
  (a) Pending the issuance of revenue bonds under this subchapter, a municipality may: (1) spend, in connection with a toll bridge, money that is not...
• Texas Section 367.007 - Maturity
  A bond issued under this subchapter must mature not later than 50 years after its date of issuance. Added by Acts 1999, 76th Leg., ch....
• Texas Section 367.008 - Pledge Of Revenue
  A municipality may pledge to the payment of bonds issued under this subchapter, including the principal of, interest on, and any other amount required or...
• Texas Section 367.009 - Additional Security
  (a) Bonds issued under this subchapter may be additionally secured by: (1) a mortgage or deed of trust on any real property owned by the...
• Texas Section 367.010 - Additional Bonds
  An 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 367.011 - Tolls And Charges
  (a) The governing body of a municipality may impose and collect tolls and other charges for the use or availability of a toll bridge of...
• Texas Section 367.012 - Public Purpose
  The acquisition, construction, improvement, enlargement, or equipment by a municipality of property or a building, structure, or other facility for lease to the United States...
• Texas Section 367.013 - Lease Or Rental Of Facility To United States
  A municipality may lease or rent to the United States property or a building, structure, or other facility acquired, constructed, improved, enlarged, or equipped in...
• Texas Section 367.014 - Refunding Bonds And Notes
  (a) A municipality may refund or otherwise refinance bonds or notes issued under this subchapter by issuing refunding bonds under any terms provided by ordinance...
• Texas Section 367.015 - Sale Of Bonds Or Notes
  A municipality may sell bonds or notes issued under this subchapter in the manner and on the terms provided by the ordinance authorizing the issuance...
• Texas Section 367.016 - Bonds And Notes Not Payable From Taxes
  A bond or note issued under this subchapter: (1) is payable only from the revenue or another resource of the municipality; and (2) is not...

SUBCHAPTER B ACQUIRING EXISTING BRIDGE; BUILDING REPLACEMENT OR ADDITIONAL BRIDGE

• Texas Section 367.017 - Conflict Or Inconsistency With Other Law
  When bonds or notes are being issued under this subchapter, to the extent of any conflict or inconsistency between this subchapter and another law, this...
• Texas Section 367.051 - Authority To Acquire Toll Bridge
  (a) A municipality may acquire a toll bridge that is located over a section of the Rio Grande that forms the border between this state...
• Texas Section 367.052 - Rights And Properties Associated With Toll Bridge
  When a municipality acquires a toll bridge under Section 367.051, the municipality may, as determined by the governing body of the municipality, acquire any or...
• Texas Section 367.053 - Liberal Construction
  This subchapter shall be liberally construed to effect its purposes. Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.
• Texas Section 367.054 - Powers To Be Exercised By Ordinance; Election Not Required
  (a) The governing body of a municipality may exercise a power, right, privilege, or function conferred by this subchapter on the municipality only by adopting...
• Texas Section 367.055 - General Powers Of Municipality Acquiring Toll Bridge
  (a) A municipality that acquires a toll bridge under this subchapter may: (1) maintain, operate, own, hold, control, repair, improve, extend, or replace the toll...
• Texas Section 367.056 - Recreational Facilities
  (a) In connection with the maintenance and operation of the toll bridge, a municipality may acquire real property that is either inside or outside the...
• Texas Section 367.057 - Tolls And Charges
  (a) A municipality that acquires a toll bridge under this subchapter or that owns or controls an international toll bridge may impose tolls and other...
• Texas Section 367.058 - Authority To Borrow Money Or Accept Federal Assistance
  (a) To accomplish the purposes of this subchapter, a municipality may: (1) borrow money from any person or corporation; or (2) borrow money or accept...
• Texas Section 367.059 - Authority To Issue Revenue Bonds
  (a) The governing body of a municipality may issue, sell, and deliver revenue bonds to accomplish the purposes of this subchapter. The municipality may use...
• Texas Section 367.060 - Bonds And Warrants Not Payable From Taxes
  (a) Bonds and warrants issued under this subchapter are not a debt of the municipality that issues them and are a charge only against: (1)...
• Texas Section 367.061 - Mortgage Or Pledge Of Revenue To Secure Bonds
  To accomplish any purpose of this subchapter, the governing body of a municipality may with respect to bonds issued under this subchapter: (1) mortgage or...
• Texas Section 367.062 - Maturity
  The governing body of a municipality shall determine the maturity of bonds issued under this subchapter. Added by Acts 1999, 76th Leg., ch. 227, Sec....
• Texas Section 367.063 - Sale Or Exchange Of Bonds
  A bond issued under this subchapter may be: (1) sold for cash at a public or private sale; (2) issued in exchange for property of...
• Texas Section 367.064 - Deposit Of Proceeds
  The proceeds of the sale of bonds sold for cash shall be deposited and paid out under the terms that are agreed to by the...
• Texas Section 367.065 - Authority To Issue Bonds Or Warrants To Repair, Improve, Or Build Toll Bridge
  (a) A municipality that has acquired a toll bridge under this subchapter may issue and deliver revenue bonds or revenue time warrants: (1) to repair,...
• Texas Section 367.066 - Tax Exemptions
  Bonds issued under this subchapter are exempt from taxation by this state or a municipality or other political subdivision of this state. Added by Acts...
• Texas Section 367.067 - Limitations On Municipal Authority
  This subchapter does not authorize a municipality to: (1) impose or collect a tax or assessment or pledge the credit of this state; or (2)...

SUBCHAPTER C BONDS FOR REPAIR OR IMPROVEMENT OF TOLL BRIDGE

• Texas Section 367.068 - Applicability Of And Conflicts With Other Law
  (a) Sections 252.046, 252.047, and 252.048, Local Government Code, and Subchapter B, Chapter 1502, Government Code, apply, except as provided by Section 367.051, Section 367.059,...
• Texas Section 367.101 - Applicability Of Subchapter
  This subchapter applies only to a municipality that owns that portion of an international toll bridge over the Rio Grande that is located in the...
• Texas Section 367.102 - Authority To Issue Revenue Bonds
  The municipality may, in compliance with Subtitles A, C, D, and E, Title 9, Government Code, issue bonds payable from the net revenue derived from...
• Texas Section 367.103 - Additional Bonds
  (a) The municipality may issue additional revenue bonds to the extent permitted or authorized by the provisions of or the proceedings relating to outstanding bonds...

Last modified: September 28, 2016