Sec. 3880.154. FINANCING OF PUBLIC TRANSIT SYSTEM OR PUBLIC PARKING FACILITIES. (a) The district may use any of its resources, including revenue, assessments, taxes, or grant or contract proceeds, to pay the cost of acquiring or operating a public transit system or public parking facilities.
(b) The district may:
(1) set, charge, impose, and collect fees, charges, or tolls for the use of the district's public transit system or public parking facilities; and
(2) issue bonds or notes to finance the cost of the district's public transit system or public parking facilities.
Added by Acts 2009, 81st Leg., R.S., Ch. 1084 (H.B. 4777), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3880 - Harris County Improvement District No. 12
Subchapter D. Public Transit System and Public Parking Facilities
Section 3880.151. Public Transit System
Section 3880.152. Parking Facilities Authorized; Operation by Private Entity
Section 3880.154. Financing of Public Transit System or Public Parking Facilities