Sec. 364.051. AUTHORITY TO ISSUE BONDS. (a) To acquire, construct, improve, enlarge, and repair all or part of a solid waste disposal system, a county may issue bonds payable:
(1) from and secured by a pledge of all or part of the revenues to accrue under a contract entered into under this chapter; and
(2) from other income pledged by the county.
(b) Pending issuance of definitive bonds, a county may issue negotiable interim bonds or obligations eligible for exchange or substitution by use of the definitive bonds.
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 364 - County Solid Waste
Section 364.051. Authority to Issue Bonds
Section 364.053. Approval and Registration
Section 364.054. District Bond Validation by Suit
Section 364.055. Investment and Use of Proceeds
Section 364.056. Refunding of Bonds
Section 364.057. Legal Investments; Security for Deposits
Section 364.058. Adjustment of Rates and Changes to Maintain Adequate Revenue