Sec. 1509.111. CHARGES

Latest version.

(a) The governing body of a municipality may impose and collect charges for the use or availability of the farmers' market.
(b) The municipality shall impose and collect pledged charges in an amount that will be at least sufficient, with any other pledged resources, to provide for the payment of:
(1) the principal of, interest on, and any other amounts required in connection with the bonds; and
(2) to the extent required by the ordinance authorizing the issuance of the bonds:
(A) expenses incurred in connection with the bonds; and
(B) operation, maintenance, and other expenses incurred in connection with the farmers' market.

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

                    
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