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Tex. Gov't Code § 1509.154

BOND PAYMENTS FROM REVENUE OR TAXES

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff

The governing body of the municipality may provide for payment of the principal of and interest on bonds issued under this subchapter by:

(1) pledging all or part of the revenue from the ownership or operation of a garbage reclamation project;

(2) imposing an ad valorem tax; or

(3) combining those sources.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.