Tex. Spec. Dists. Code § 3946.256

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 3946.256 - General Powers Regarding Payment of District Bonds, Obligations, or Other Costs

The district may provide or secure the payment or repayment of any bond, note, or other temporary or permanent obligation or reimbursement or other contract with any person and the costs and expenses of the establishment, administration, and operation of the district and the district's costs or share of the costs or revenue of an improvement project or district contractual obligation or debt by:

(1) a lease, installment purchase contract, or other agreement; or

(2) any other revenue or resources of the district or other revenue authorized by the city, including revenue from a tax increment reinvestment zone created by the city.

Tex. Spec. Dist. Loc. Laws § 3946.256

Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 607,Sec. 1, eff. 9/1/2017.