Sec. 1509.153. AUTHORITY TO ISSUE BONDS

Latest version.

If necessary to exercise the authority granted by Section 1509.152, the governing body of a municipality may issue and sell bonds to finance:
(1) the purchase, lease, or acquisition by another method of land, a facility, equipment, or supplies;
(2) the construction or improvement of a facility; and
(3) the installation of equipment.

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

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');