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 port improvement or facility.
Tex. Transp. Code § 54.102
AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS
Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, 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.