Texas Health and Safety Code 363.135 – Bond Payment and Security
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Health and Safety Code 363.135
- Contract: A legal written agreement that becomes binding when signed.
- Property: means real and personal property. See Texas Government Code 311.005
A public agency may pay the principal of and interest on bonds:
(1) from the levy and collection of taxes on all taxable property in the public agency’s boundaries if the public agency is authorized by law to levy and collect property taxes;
(2) by pledging all or part of the designated revenues from the ownership or operation of physical property of a solid waste management system, including a resource recovery system, or from a contract entered into by a public agency under this chapter; or
(3) from other income of the public agency.