Texas Special District Local Laws Code - SDLL § 8512.0501. Loans and Grants

(1) borrow money for the authority's corporate purposes;

(2) borrow money or accept a grant from any person, including this state, the United States, or a corporation or agency created or designated by this state or the United States;

(3) in connection with a loan or grant described by Subdivision (2), enter into any agreement this state, the United States, or the corporation or agency requires;

(4) make and issue the authority's bonds for money borrowed, in the manner and to the extent provided by this chapter;  and

(5) refund or refinance any outstanding bonds and make and issue the authority's bonds for those purposes in the manner and to the extent provided by this chapter.