Sec. 3855.154. FINANCING OF PUBLIC TRANSIT SYSTEM OR PARKING FACILITIES

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(a) The district may use any of its resources, including revenue, assessments, sales and use taxes, or grant or contract proceeds, to pay the cost of acquiring or operating a public transit system or public parking facilities.
(b) The district may:
(1) set, charge, impose, and collect fees, charges, or tolls for the use of the public transit system or the public parking facilities; and
(2) issue bonds or notes to finance the cost of these facilities.

Added by Acts 2009, 81st Leg., R.S., Ch. 1092 , Sec. 1, eff. June 19, 2009.

                    
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