Sec. 1504.258. ADDITIONAL USE OF MIXED BEVERAGE TAX RECEIPTS. A municipality may spend money derived from the portion of the mixed beverage tax receipts authorized to be pledged under Section 1504.256 for:
(1) advertising and promotion of events to take place in a cultural facility described by Section 1504.252;
(2) the attraction of events to a cultural facility described by Section 1504.252, either by the municipality or through a contract with a person or organization selected by the municipality; and
(3) the encouragement, promotion, improvement, and application of the cultural arts, including opera, ballet, symphony, and theater, and the arts related to the presentation, performance, execution, and exhibition of those major art forms.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle J - Specific Authority for Municipalities to Issue Securities
Chapter 1504 - Obligations for Municipal Buildings
Section 1504.251. Applicability of Subchapter
Section 1504.252. Authority for Cultural and Parking Facilities
Section 1504.253. Authority to Issue Revenue Bonds
Section 1504.254. Pledge of Revenue
Section 1504.255. Lien on Facility
Section 1504.256. Pledge of Mixed Beverage Tax Receipts
Section 1504.257. Shortage of Mixed Beverage Tax Receipts
Section 1504.258. Additional Use of Mixed Beverage Tax Receipts
Section 1504.259. Bonds Not Payable From Taxes; Exception
Section 1504.260. Contents of Ordinance Authorizing Bonds
Section 1504.261. Adoption and Execution of Documents
Section 1504.263. Sale of Bonds
Section 1504.264. Interim Receipts
Section 1504.265. Use of Bond Proceeds
Section 1504.266. Charges for Services
Section 1504.267. Use of Revenue
Section 1504.268. Conflict or Inconsistency With Municipal Charter