Sec. 1473.266. PLEDGE OF REVENUE. Bonds issued under this subchapter must be payable from, and secured by a pledge of, the net revenue of the county's operation of the parking facility. The bonds may be payable from any other revenue incident to the ownership of the parking facility, including money received from a lease of the facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1473 - Obligations for County Buildings
Section 1473.261. Applicability of Subchapter
Section 1473.263. Authority for Parking Facility
Section 1473.264. Lease of Parking Facility
Section 1473.265. Authority to Issue Revenue Bonds
Section 1473.266. Pledge of Revenue
Section 1473.267. Bonds Not Payable From Taxes
Section 1473.269. Signatures; Registration by County Treasurer
Section 1473.270. Additional Bonds
Section 1473.271. Sale of Bonds
Section 1473.272. Use of Bond Proceeds
Section 1473.273. Rents and Rates for Services
Section 1473.274. Refunding Bonds
Section 1473.275. Provisions for Operation of Parking Facility