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Texas Special District Local Laws Code - SDLL § 3952.253. General Powers Regarding Payment of District Bonds, Obligations, or Other Costs

Current as of January 01, 2024 | Updated by Findlaw Staff

The district may provide or secure the payment or repayment of any bond, note, or other temporary or permanent obligation or reimbursement or other contract with any person and the costs and expenses of the establishment, administration, and operation of the district and the district's costs or share of the costs or revenue of an improvement project or district contractual obligation or debt by:

(1) a lease, installment purchase contract, or other agreement; or

(2) any other revenue or resources of the district or other revenue authorized by the city, including revenue from a tax increment reinvestment zone created by the city.

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 3952.253. General Powers Regarding Payment of District Bonds, Obligations, or Other Costs - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-3952-253/

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