Tex. Spec. Dist. Local Laws Code Section 1108.204
Revenue Bonds

(a)

The board may issue revenue bonds to:

(1)

purchase, construct, acquire, repair, renovate, or equip buildings or improvements for hospital purposes;

(2)

acquire and operate mobile emergency medical services to assist the district in carrying out its hospital purposes; and

(3)

acquire sites to be used for hospital purposes.

(b)

The bonds must be payable from and secured by a pledge of all or part of district revenue derived from the operation of the district’s hospitals.

(c)

The bonds may be additionally secured by a mortgage or deed of trust lien on all or part of district property.

(d)

The bonds must be issued in the manner and in accordance with the procedures and requirements prescribed by Sections 264.042 (Form and Procedure), 264.043 (Terms), 264.046 (Junior Lien Bonds; Parity Bonds), 264.047 (Bond Proceeds; Investment of Funds), 264.048 (Refunding Bonds), and 264.049 (Approval and Registration of Bonds), Health and Safety Code, for issuance of revenue bonds by a county hospital authority.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Source: Section 1108.204 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1108.­htm#1108.­204 (accessed Jun. 5, 2024).

1108.001
Definitions 1108.002
Authority for Operation 1108.003
Essential Public Function 1108.004
District Territory 1108.005
District Support and Maintenance Not State Obligation 1108.006
Restriction on State Financial Assistance 1108.051
Board Election 1108.052
Notice of Election 1108.053
Ballot Petition 1108.054
Qualifications for Office 1108.055
Board Vacancy 1108.056
Officers 1108.057
Compensation 1108.058
Quorum 1108.059
District Administrator 1108.060
General Duties of District Administrator 1108.061
Assistant District Administrator 1108.062
Appointment of Staff and Employees 1108.063
Retirement Benefits 1108.101
District Responsibility 1108.102
Management, Control, and Administration 1108.103
Hospital System 1108.104
Rules 1108.105
Purchasing and Accounting Procedures 1108.106
District Property, Facilities, and Equipment 1108.107
Eminent Domain 1108.108
Cost of Relocating or Altering Property 1108.109
Gifts and Endowments 1108.110
Construction Contracts 1108.111
Operating and Management Contracts 1108.112
Contracts with Governmental Entities for Services 1108.113
Payment for Treatment 1108.114
Reimbursement for Services 1108.115
Authority to Sue and Be Sued 1108.151
Budget 1108.152
Notice 1108.153
Amendments to Budget 1108.154
Restriction on Expenditures 1108.155
Fiscal Year 1108.156
Annual Audit 1108.157
Inspection of Annual Audit and District Records 1108.158
Financial Report 1108.159
Depository 1108.160
Spending and Investment Restrictions 1108.201
General Obligation Bonds 1108.202
Tax to Pay General Obligation Bonds 1108.203
General Obligation Bond Election 1108.204
Revenue Bonds 1108.205
Refunding Bonds 1108.206
Maturity of Bonds 1108.207
Execution of Bonds 1108.208
Bonds Exempt from Taxation 1108.251
Imposition of Ad Valorem Tax 1108.252
Tax Rate 1108.253
Tax Assessor-collector
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 1108.204’s source at texas​.gov