Sec. 1505.103. AUTHORITY TO ISSUE OBLIGATIONS FOR CERTAIN FACILITIES. A municipality may issue revenue obligations to:
(1) construct, maintain, or operate a toll bridge or tunnel;
(2) construct, maintain, operate, or extend a sewage disposal plant, without regard to whether the plant is inside or outside the municipality;
(3) construct, maintain, extend, or improve a sanitary sewer line or storm sewer line, without regard to whether the line is inside or outside the municipality;
(4) if found necessary by the governing body of the municipality, construct, maintain, extend, or improve a water main or water line from the source of water supply of the municipality to any location inside the municipality;
(5) acquire, reclaim, reconstruct, elevate, or fill in any submerged land or lowland along a waterfront of the municipality and construct a sidewalk, street, or gas line on the land;
(6) construct, maintain, extend, or improve a seawall, breakwater, or other shore protection to protect the waterfront of the municipality;
(7) construct, reconstruct, maintain, operate, or dredge a channel or boat basin in connection with any deepwater port of the municipality; or
(8) construct, maintain, replace, or operate:
(A) a boat basin or boat slip; or
(B) a structure in connection with the basin or slip, including a dry dock, boat service station, wall, pier, or wharf.
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 1505 - Obligations for Coastal Municipalities for Coastal Matters
Subchapter C. Obligations for Toll Bridges and Other Facilities in Certain Coastal Municipalities
Section 1505.101. Applicability of Subchapter
Section 1505.103. Authority to Issue Obligations for Certain Facilities
Section 1505.104. Authority to Borrow Money
Section 1505.105. Security for Payment of Obligations
Section 1505.106. Obligations Not Payable From Taxes
Section 1505.109. Accounts Required to Be Created by Ordinance
Section 1505.110. Operating Expenses as First Lien
Section 1505.111. Execution of Indenture or Deed of Trust
Section 1505.112. Authority to Remove or Demolish Bridge or Tunnel
Section 1505.113. Conversion of Bridge or Tunnel to Toll Bridge or Tunnel