The governing body of a municipality by ordinance may issue in the name of the municipality obligations payable from taxes, revenue, or both to provide money for a facility or improvement under this chapter.
Tex. Loc. Gov't Code § 254.051
AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS
Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.