Tex. Spec. Dist. Local Laws Code Section 3880.154
Financing of Public Transit System or Public Parking Facilities


(a)

The district may use any of its resources, including revenue, assessments, taxes, or grant or contract proceeds, to pay the cost of acquiring or operating a public transit system or public parking facilities.

(b)

The district may:

(1)

set, charge, impose, and collect fees, charges, or tolls for the use of the district’s public transit system or public parking facilities; and

(2)

issue bonds or notes to finance the cost of the district’s public transit system or public parking facilities.
Added by Acts 2009, 81st Leg., R.S., Ch. 1084 (H.B. 4777), Sec. 1, eff. June 19, 2009.

Source: Section 3880.154 — Financing of Public Transit System or Public Parking Facilities, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3880.­htm#3880.­154 (accessed Jun. 5, 2024).

3880.001
Definitions
3880.002
Nature of District
3880.003
Purpose
3880.004
Findings of Benefit and Public Purpose
3880.005
Initial District Territory
3880.006
Eligibility for Inclusion in Special Zones
3880.007
Applicability of Municipal Management Districts Law
3880.008
Liberal Construction of Chapter
3880.051
Governing Body
3880.052
Appointment of Directors
3880.054
Nonvoting Directors
3880.055
Quorum
3880.056
Compensation
3880.101
Development Corporation Powers
3880.102
Nonprofit Corporation
3880.103
Agreements
3880.104
Authority to Contract for Law Enforcement Services
3880.105
Approval by the City of Houston
3880.106
Membership in Charitable Organizations
3880.107
Economic Development Programs
3880.108
No Eminent Domain
3880.109
Annexation or Exclusion of Land
3880.151
Public Transit System
3880.152
Parking Facilities Authorized
3880.153
Rules
3880.154
Financing of Public Transit System or Public Parking Facilities
3880.201
Disbursements and Transfers of Money
3880.202
Money Used for Improvements or Services
3880.203
Petition Required for Financing Services and Improvements with Assessments
3880.204
Method of Notice for Hearing
3880.205
Assessments
3880.206
Utility Property Exempt from Impact Fees and Assessments
3880.207
Residential Property
3880.208
Operation and Maintenance Tax
3880.209
Contract Taxes
3880.210
Authority to Borrow Money and to Issue Bonds
3880.211
Taxes for Bonds
3880.212
Elections Regarding Taxes and Bonds
3880.213
City Not Required to Pay District Obligations
3880.214
Competitive Bidding
3880.215
Tax and Assessment Abatements
3880.251
Authority to Establish Defined Areas or Designated Property
3880.252
Procedure for Election
3880.253
Declaring Result and Issuing Order
3880.254
Taxes for Services, Improvements, and Facilities in Defined Areas or Designated Property
3880.255
Issuance of Bonds and Imposition of Taxes for Defined Area or Designated Property

Accessed:
Jun. 5, 2024

§ 3880.154’s source at texas​.gov