DecisionDepot
California legal research

Texas Parks and Wildlife Code

§ 13.0045 — REVENUE BONDS FOR PARKS AND WILDLIFE FACILITIES

PW § 13.0045Title 2. PARKS AND WILDLIFE DEPARTMENT · Ch. 13. POWERS AND DUTIES CONCERNING PARKS AND OTHER RECREATIONAL AREAS · Art. A. GENERAL POWERS AND DUTIES

Statute text

View on source
(a)The department, by resolution of the commission, may request the Texas Public Finance Authority to issue revenue bonds or other revenue obligations to finance the repair, renovation, improvement, and equipping of parks and wildlife facilities for an estimated project cost not to exceed $60 million.
(b)On receipt of the department's request, the authority shall promptly issue the bonds or other obligations under and in accordance with Chapter 1232, Government Code.
(c)The department shall deposit the proceeds of bonds issued under this section to the credit of the Texas parks and wildlife capital account and may use the proceeds only to finance the repair, renovation, improvement, and equipping of parks and wildlife facilities.

Legislative history

Added by Acts 1997, 75th Leg., ch. 902, Sec. 3, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.362, eff. Sept. 1, 2001.

Source: Texas Parks and Wildlife Code § 13.0045 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.