Texas Government Code 1473.002 – Pledge of Revenue
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Government Code 1473.002
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The commissioners court shall provide for the payment of the principal of and interest on bonds issued under this subchapter by pledging all or part of the revenue derived from:
(1) the operation of the library building; or
(2) the lease of space in the library building.