Sec. 271.0461. ADDITIONAL PURPOSE FOR CERTIFICATES: DEMOLITION OF DANGEROUS STRUCTURES OR RESTORATION OF HISTORIC STRUCTURES. Certificates may be issued by any municipality for the payment of contractual obligations to be incurred in demolishing dangerous structures or restoring historic structures and may be sold for cash, subject to the restrictions and other conditions of Section 271.050.
Added by Acts 1989, 71st Leg., ch. 459, Sec. 1, eff. Aug. 28, 1989. Amended by Acts 1997, 75th Leg., ch. 1056, Sec. 1, eff. June 19, 1997.
Structure Texas Statutes
Title 8 - Acquisition, Sale, or Lease of Property
Subchapter C. Certificate of Obligation Act
Section 271.042. Purpose; Conflict
Section 271.044. Subchapter Available to Certain Municipalities
Section 271.045. Purposes for Which Certificates May Be Authorized
Section 271.046. Additional Purposes for Certificates
Section 271.048. Claims and Accounts; Funding and Exchange
Section 271.049. Notice of Intention to Issue Certificates; Petition and Election
Section 271.050. Sale of Certificates
Section 271.051. Certificates as Investments or as Security for Deposits
Section 271.052. Certificates Payable From and Secured by Other Revenues
Section 271.0525. Refinancing Certificates Issued by County
Section 271.053. Certificates as Debt and Security
Section 271.054. Competitive Procurement Requirement
Section 271.055. Notice to Bidders
Section 271.056. Exemptions From Advertisement Requirement
Section 271.0565. Pre-Bid Conference
Section 271.057. Award of Contract
Section 271.058. Authority to Reject Bids
Section 271.059. Contractor's Bonds
Section 271.060. Change Orders
Section 271.061. Compensation on Unit Price Contracts
Section 271.062. Certain Contracts Not Required to Be in Writing
Section 271.063. Unconstitutional Procedure Corrected by Resolution of Issuer