Sec. 8150.254. BONDS PAYABLE FROM REVENUE FROM CERTAIN CONTRACTS. The district may issue bonds payable wholly or partly from the revenue of a contract authorized by Section 8150.103(b) to pay for the implementation of the reinvestment zone's project plan or reinvestment zone financing plan.
Added by Acts 2005, 79th Leg., Ch. 1175 (H.B. 3554), Sec. 1, eff. June 18, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8150 - Imperial Redevelopment District
Subchapter F. Bonds and Other Obligations
Section 8150.251. Authority to Issue Bonds and Other Obligations
Section 8150.252. Taxes for Bonds and Other Obligations
Section 8150.254. Bonds Payable From Revenue From Certain Contracts
Section 8150.257. Approval of Certain Bonds by Texas Commission on Environmental Quality