Tex. Spec. Dist. Local Laws Code Section 1114.204
Revenue Bonds

(a)

The board may issue revenue bonds to:

(1)

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

(2)

acquire sites to be used for hospital purposes; or

(3)

acquire and operate a mobile emergency medical service.

(b)

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

(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 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 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.

Source: Section 1114.204 — Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1114.­htm#1114.­204 (accessed Jun. 5, 2024).

1114.001
Definitions 1114.002
Authority for Operation 1114.003
Essential Public Function 1114.004
District Territory 1114.005
Location of Hospital Facilities 1114.006
District Support and Maintenance Not State Obligation 1114.007
Restriction on State Financial Assistance 1114.051
Board Election 1114.052
Notice of Election 1114.053
Ballot Petition 1114.054
Qualifications for Office 1114.055
Oath 1114.056
Board Vacancy 1114.057
Officers 1114.058
Compensation 1114.059
Meetings 1114.060
Voting Requirement 1114.061
Administrator 1114.062
General Duties of District Administrator 1114.063
Appointment of Staff 1114.064
Retirement Benefits 1114.101
District Responsibility 1114.102
Restriction on Political Subdivision Taxation and Debt 1114.103
Management, Control, and Administration 1114.104
Rules 1114.105
Purchasing and Accounting 1114.106
District Property, Facilities, and Equipment 1114.107
Gifts and Endowments 1114.108
Construction Contracts 1114.109
Operating and Management Contracts 1114.110
Contracts with Governmental Entities for Care and Treatment 1114.111
Contracts with Governmental Entities for Investigatory or Other Services 1114.112
Health Care Services 1114.113
Health Care Services Eligibility 1114.114
Mandated Provider 1114.115
Notification of Provision of Nonemergency Services 1114.116
Notification of Provision of Emergency Services 1114.117
Payment for Services 1114.118
Authority to Sue and Be Sued 1114.151
Budget 1114.152
Notice 1114.153
Fiscal Year 1114.154
Annual Audit 1114.155
Inspection of Annual Audit and District Records 1114.156
Depository 1114.157
Spending and Investment Restrictions 1114.201
General Obligation Bonds 1114.202
Tax to Pay General Obligation Bonds 1114.203
General Obligation Bond Election 1114.204
Revenue Bonds 1114.205
Promissory Notes 1114.206
Refunding Bonds 1114.207
Maturity of Bonds 1114.208
Execution of Bonds 1114.209
Bonds Exempt from Taxation 1114.251
Imposition of Ad Valorem Tax 1114.252
Tax Rate 1114.253
Tax Assessor-collector 1114.301
Dissolution 1114.302
Notice of Election 1114.303
Ballot 1114.304
Election Results 1114.305
Determination of Debt
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 1114.204’s source at texas​.gov