Texas Local Government Code 382.159 – Repayment of Costs
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Terms Used In Texas Local Government Code 382.159
- Contract: A legal written agreement that becomes binding when signed.
- 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 may authorize a district, by a lease, lease-purchase agreement, installment purchase contract, or other agreement, or by the imposition or assessment of a tax, user fee, concession, rental, or other revenue or resource of the district, to provide for or secure the payment or repayment of:
(1) the costs and expenses of the establishment, administration, and operation of the district;
(2) the district’s costs or share of costs of an improvement project; or
(3) the district’s contractual obligations or indebtedness.