Sec. 383.082. MANNER OF REPAYMENT OF BONDS

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The board may provide for the payment of principal of and interest and redemption price on bonds:
(1) from taxes;
(2) by pledging all or any part of the designated revenues, license fees, or other compensation from a project or any part of a project, including revenues and receipts derived by the district from the lease or sale of the project;
(3) by pledging all or any part of any grant, donation, revenue, or income received or to be received from any public or private source; or
(4) from a combination of such sources.

Added by Acts 1995, 74th Leg., ch. 995, Sec. 5, eff. Sept. 1, 1995. Renumbered from Tax Code Sec. 312.635 and amended by Acts 1997, 75th Leg., ch. 165, Sec. 23.05, eff. Sept. 1, 1997.

                    
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