Sec. 254.051. AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS  


Latest version.
  • 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 facility or improvement under this chapter.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.