Tex. Gov't Code Section 1432.012
Charges


(a)

The governing body of a local government may impose and collect charges for the use or availability of a facility authorized by this chapter.

(b)

A local government shall impose and collect pledged charges in an amount that will be at least sufficient, with any other pledged resources, to provide for the payment of:

(1)

the principal of, interest on, and any other amounts required in connection with the bonds; and

(2)

to the extent required by the bond authorization:

(A)

expenses incurred in connection with the bonds; and

(B)

operation, maintenance, and other expenses incurred in connection with the facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1432.012 — Charges, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1432.­htm#1432.­012 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 1432.012’s source at texas​.gov