Texas Health and Safety Code 364.051 – Authority to Issue Bonds
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(a) To acquire, construct, improve, enlarge, and repair all or part of a solid waste disposal system, a county may issue bonds payable:
(1) from and secured by a pledge of all or part of the revenues to accrue under a contract entered into under this chapter; and
(2) from other income pledged by the county.
(b) Pending issuance of definitive bonds, a county may issue negotiable interim bonds or obligations eligible for exchange or substitution by use of the definitive bonds.
Terms Used In Texas Health and Safety Code 364.051
- Contract: A legal written agreement that becomes binding when signed.