Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 8. ACQUISITION, SALE, OR LEASE OF PROPERTY |
Subtitle A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY |
Chapter 254. ACQUISITION AND DEVELOPMENT OF ISLAND PROPERTY |
Subchapter C. OBLIGATIONS |
Sec. 254.051. AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS
Latest version.
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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.