Sec. 1508.003. PLEDGE OF INCOME. A municipality may pledge the income from a facility or land described by Section 1508.001 to the payment of obligations issued under this subchapter. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Pledge of Income
Tex. Government Code § 1508.003, under Obligations For Municipal Parks, Recreational Facilities, and Airports.
Tex. Government Code § 1508.003