Tex. Spec. Dist. Local Laws Code Section 3828.155
Bonds and Other Obligations

(a)

The district may issue bonds in the manner provided by Subchapter J (General Obligation and Revenue Bonds), Chapter 375 (Municipal Management Districts in General), Local Government Code, except that Sections 375.207 and 375.208 do not apply to bonds issued under this chapter.

(b)

In addition to the sources of money described by Subchapter J (General Obligation and Revenue Bonds), Chapter 375 (Municipal Management Districts in General), Local Government Code, the bonds of the district may be secured and made payable, wholly or partly, by a pledge of any part of the net proceeds the district receives from the sales and use tax and the hotel occupancy tax authorized by this chapter and from any other district revenues.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.

Source: Section 3828.155 — Bonds and Other Obligations, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3828.­htm#3828.­155 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 3828.155’s source at texas​.gov