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Current as of January 01, 2024 | Updated by Findlaw Staff
The board may provide for the payment of principal of and interest and redemption price on bonds:
(1) from taxes;
(2) by pledging all or any part of the designated revenues, license fees, or other compensation from a project or any part of a project, including revenues and receipts derived by the district from the lease or sale of the project;
(3) by pledging all or any part of any grant, donation, revenue, or income received or to be received from any public or private source; or
(4) from a combination of such sources.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 383.082. Manner of Repayment of Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-383-082/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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