Tex. Transportation Code § 367.005: AUTHORITY TO ISSUE REVENUE BONDS.
Where this section sits in the code
- TRANSPORTATION CODE
- TITLE 6. ROADWAYS
- SUBTITLE G. TURNPIKES AND TOLL PROJECTS
- CHAPTER 367. MUNICIPAL TOLL BRIDGES OVER RIO GRANDE
- SUBCHAPTER A. GENERAL AUTHORITY RELATING TO TOLL BRIDGES
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 other facility for a public purpose, the governing body of a municipality may issue revenue bonds that are payable from and secured by a lien on and pledge of all or any part of the revenue, income, or receipts the municipality receives from its ownership and operation of:
(1) a portion of a toll bridge over the Rio Grande; and
(2) any other property, building, structure, activity, or facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.
Collected 2026-08-27T01:47:44Z. Source file · JSON