Sec. 1506.009. PERSONNEL; OPERATION AND MAINTENANCE EXPENSES. A municipality may employ personnel necessary to operate a building or other improvement financed under this subchapter. The costs of operation and maintenance of the building or other improvement and the parking lot on which the building or other improvement is located are a first lien against the income from the operation of the facility.
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 1506 - Bonds for Municipal Parking and Transportation Facilities
Section 1506.001. Applicability of Subchapter
Section 1506.002. Authority to Issue Revenue Bonds
Section 1506.003. Pledge of Revenue
Section 1506.004. Bonds Not Payable From Taxes
Section 1506.008. Exemption From Taxation
Section 1506.009. Personnel; Operation and Maintenance Expenses