Sec. 552.051. DRAINAGE REVENUE BONDS. By majority vote of the governing body, the municipality may issue drainage revenue bonds. The municipality may use Chapter 1201, Government Code. In addition, the municipality may pledge income received by contracts for the provision of drainage to other governments or governmental subdivisions located inside or outside the service area.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1991, 72nd Leg., ch. 852, Sec. 1, eff. June 16, 1991; Acts 2001, 77th Leg., ch. 1420, Sec. 8.350, eff. Sept. 1, 2001.
Renumbered from Local Government Code, Section 402.051 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(a)(2), eff. April 1, 2009.
Structure Texas Statutes
Title 13 - Water and Utilities
Subtitle A - Municipal Water and Utilities
Chapter 552 - Municipal Utilities
Subchapter C. Municipal Drainage Utility Systems
Section 552.042. Legislative Finding
Section 552.043. Application of Subchapter to Municipalities
Section 552.045. Adoption of System; Rules
Section 552.0451. Extension of Service Area by Certain Municipalities
Section 552.046. Incorporation of Existing Facilities
Section 552.047. Drainage Charges
Section 552.048. Billings; Deposit Not Required
Section 552.049. Segregation of Income
Section 552.050. Delinquent Charges
Section 552.051. Drainage Revenue Bonds