Sec. 317.101. DEFINITION. In this subchapter, "net revenue" means the gross revenue derived from the operation or use of a facility the net revenue of which is pledged to the payment of a bond less the reasonable expenses of maintaining and operating the facility, including necessary repair and insurance of the facility.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 24, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle E - Municipal Streets
Section 317.102. Authority to Issue Bonds
Section 317.106. Sale of Bonds
Section 317.107. Contents of Ordinance Authorizing Issuance of Revenue Bonds
Section 317.108. Adoption and Execution of Documents
Section 317.109. Review and Approval of Contracts Relating to Revenue Bonds
Section 317.110. Security for and Payment of Bonds Payable From Revenue