Sec. 1506.106. LIEN ON PARKING IMPROVEMENT. Subject to any limitation contained in any previous pledge, the governing body of a municipality may, in addition to pledging the revenue from a parking improvement, give a lien on all or part of the physical property acquired with the proceeds from the sale of bonds issued under this subchapter.
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
Subchapter C. Revenue Bonds for Parking Improvements in Certain Coastal Municipalities
Section 1506.101. Applicability of Subchapter
Section 1506.103. Authority for Parking Improvements
Section 1506.104. Authority to Issue Revenue Bonds
Section 1506.105. Pledge of Revenue
Section 1506.106. Lien on Parking Improvement
Section 1506.107. Bonds Not Payable From Taxes
Section 1506.108. Contents of Ordinance Authorizing Bonds
Section 1506.109. Adoption and Execution of Documents
Section 1506.112. Sale of Bonds
Section 1506.113. Investment of Bond Proceeds and Funds
Section 1506.114. Charges for Services
Section 1506.115. Refunding Bonds
Section 1506.116. Conflict or Inconsistency With Municipal Charter