Sec. 363.135. BOND PAYMENT AND SECURITY. A public agency may pay the principal of and interest on bonds:
(1) from the levy and collection of taxes on all taxable property in the public agency's boundaries if the public agency is authorized by law to levy and collect property taxes;
(2) by pledging all or part of the designated revenues from the ownership or operation of physical property of a solid waste management system, including a resource recovery system, or from a contract entered into by a public agency under this chapter; or
(3) from other income of the public agency.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Title 5 - Sanitation and Environmental Quality
Subtitle B - Solid Waste, Toxic Chemicals, Sewage, Litter, and Water
Chapter 363 - Municipal Solid Waste
Section 363.131. Authority to Issue Bonds
Section 363.133. Bond Provisions
Section 363.134. Approval and Registration
Section 363.135. Bond Payment and Security
Section 363.136. Bond Election
Section 363.137. Other Security
Section 363.138. Bond Sale and Exchange
Section 363.139. Investment and Use of Proceeds
Section 363.140. Refunding Bonds
Section 363.141. Legal Investments; Security for Deposits
Section 363.142. Tax Status of Bonds
Section 363.143. Fees for Services