Charges

Sec. 1506.161. CHARGES. (a) The governing body of a municipality may impose and collect charges for the use or availability of a facility or other property described by Section 1506.152(a) in the amounts and manner determined by the governing body. (b) A municipality shall impose pledged charges in amounts that will be at least sufficient, with any other pledged resources, to provide for the payment of: (1) the principal of, interest on, and any other amounts required in connection with the bonds to which the charges are pledged; and (2) to the extent required by the ordinance authorizing the issuance of the bonds: (A) expenses incurred in connection with the bonds; and (B) operation, maintenance, and other expenses incurred in connection with the facility. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.