Tex. Gov't Code Section 1506.152
Authority for Parking and Transportation Facilities


(a)

A municipality may acquire, lease as lessor or lessee, construct, improve, enlarge, equip, and operate:

(1)

an off-street parking facility; or

(2)

a terminal or station and related properties and facilities for use by:

(A)

passengers, commuters, travelers, shippers, and other members of the public; and

(B)

companies or individuals engaged in the business of transporting the public or freight by bus, truck, or rail.

(b)

A municipality may create an off-street parking system by combining one or more parking facilities established under Subsection (a) with one or more other parking facilities previously owned by the municipality or acquired under a law other than this subchapter that authorizes the municipality to own and operate parking facilities, whether or not the other facility or facilities are operated in connection with any other municipally owned facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1506.152 — Authority for Parking and Transportation Facilities, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1506.­htm#1506.­152 (accessed Jun. 5, 2024).

1506.001
Applicability of Subchapter
1506.002
Authority to Issue Revenue Bonds
1506.003
Pledge of Revenue
1506.004
Bonds Not Payable from Taxes
1506.005
Election
1506.006
Maturity
1506.007
Signatures
1506.008
Exemption from Taxation
1506.009
Personnel
1506.010
Fees for Services
1506.011
Additional Bonds
1506.051
Applicability of Subchapter
1506.052
Authority for Parking Facilities
1506.053
Authority to Establish Improvement Districts and Issue Bonds
1506.054
Election
1506.055
Form of Bond
1506.056
Sale of Bonds
1506.057
Interest and Sinking Fund Tax
1506.058
Proceeds of Tax
1506.059
Investment of Sinking Fund
1506.060
Eminent Domain
1506.061
Relocation or Alteration Expense
1506.101
Applicability of Subchapter
1506.102
Definition
1506.103
Authority for Parking Improvements
1506.104
Authority to Issue Revenue Bonds
1506.105
Pledge of Revenue
1506.106
Lien on Parking Improvement
1506.107
Bonds Not Payable from Taxes
1506.108
Contents of Ordinance Authorizing Bonds
1506.109
Adoption and Execution of Documents
1506.110
Maturity
1506.111
Signatures
1506.112
Sale of Bonds
1506.113
Investment of Bond Proceeds and Funds
1506.114
Charges for Services
1506.115
Refunding Bonds
1506.116
Conflict or Inconsistency with Municipal Charter
1506.151
Applicability of Subchapter
1506.152
Authority for Parking and Transportation Facilities
1506.153
Contracts and Leases
1506.154
Authority to Issue Revenue Bonds
1506.155
Pledge of Revenue
1506.156
Additional Security
1506.157
Maturity
1506.158
Additional Bonds
1506.159
Sale of Bonds
1506.160
Review and Approval of Contracts Relating to Bonds
1506.161
Charges
1506.162
Refunding Bonds
1506.163
Public Purpose
1506.164
Conflict or Inconsistency with Other Law

Accessed:
Jun. 5, 2024

§ 1506.152’s source at texas​.gov