Texas Statutes
Subchapter B. Acquiring Existing Bridge; Building Replacement or Additional Bridge
Section 367.065. Authority to Issue Bonds or Warrants to Repair, Improve, or Build Toll Bridge

Sec. 367.065. AUTHORITY TO ISSUE BONDS OR WARRANTS TO REPAIR, IMPROVE, OR BUILD TOLL BRIDGE. (a) A municipality that has acquired a toll bridge under this subchapter may issue and deliver revenue bonds or revenue time warrants:
(1) to repair, improve, alter, reconstruct, or replace the bridge;
(2) to build an additional bridge; or
(3) for one or more of those purposes.
(b) The municipality shall issue the bonds or warrants:
(1) in the manner prescribed by this subchapter; and
(2) subject to any restriction in an ordinance authorizing or a deed of indenture securing the original or a subsequent issue of toll bridge bonds or warrants.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.

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