AUTHORITY TO ISSUE REVENUE BONDS
Applied in 1 court decision — leading case Lohec v. Galveston County Commissioner's Court (1992)
Most recently applied in Lohec v. Galveston County Commissioner's Court (November 1992)
Acts 1977, 65th Leg., p. 2497, ch. 871, art
For the purpose of acquiring, developing, improving, and enlarging public recreational areas and facilities, the board may issue revenue bonds payable solely from:
(1) the revenue of all or any designated part of the properties or facilities under the jurisdiction and control of the board; or
(2) any other source of funds the board may wish to dedicate for that purpose.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.