Tex. Transp. Code Section 367.005
Authority to Issue Revenue Bonds

To provide money to acquire, construct, improve, enlarge, or equip a toll bridge, a part of a toll bridge, or a related building, structure, or other facility for a public purpose, the governing body of a municipality may issue revenue bonds that are payable from and secured by a lien on and pledge of all or any part of the revenue, income, or receipts the municipality receives from its ownership and operation of:

(1)

a portion of a toll bridge over the Rio Grande; and

(2)

any other property, building, structure, activity, or facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.

Source: Section 367.005 — Authority to Issue Revenue Bonds, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­367.­htm#367.­005 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 367.005’s source at texas​.gov