Texas Special District Local Laws Code

§ 21.402 — BOND PAYMENT

SD § 21.402Title 2. ENVIRONMENT AND SANITATION · Part A. SOLID WASTE MANAGEMENT · Ch. 21. UPPER SABINE VALLEY SOLID WASTE MANAGEMENT DISTRICT · Art. I. BONDS

Statute text

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The board may provide for the payment of the principal of and interest on the bonds:

(1)from the imposition of property taxes on all taxable property in the district;

(2)by pledging all or part of the designated revenue from the ownership or operation of the district's works, improvements, and facilities; or

(3)from a combination of the sources listed by Subdivisions (1) and (2).

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.