236 chapters · 5,326 sections in this title.
Tex. Local Government Code § 254.057 Sale of Obligations
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Sec. 254.057. SALE OF OBLIGATIONS. (a) A municipality or board may sell obligations issued under this chapter at public or private sale under terms the governing body or the board determines to be the most advantageous and reasonably obtainable. (b) Subsection (a) applies to obli…
Tex. Local Government Code § 254.058 Contents of Ordinance Or Resolution
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Sec. 254.058. CONTENTS OF ORDINANCE OR RESOLUTION. (a) The ordinance of the governing body or the resolution of the board authorizing the issuance of revenue obligations may: (1) provide for the flow of funds, the establishment and maintenance of an interest and sinking fund, res…
Tex. Local Government Code § 254.059 Review and Approval of Contracts Relating To Revenue Obligations
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Sec. 254.059. REVIEW AND APPROVAL OF CONTRACTS RELATING TO REVENUE OBLIGATIONS. (a) If revenue obligations issued under this chapter state that they are secured by a pledge of the proceeds from a contract, a copy of the contract and of the proceedings authorizing the contract mus…
Tex. Local Government Code § 254.060 Security For and Payment of Obligations Payable From Revenue
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Sec. 254.060. SECURITY FOR AND PAYMENT OF OBLIGATIONS PAYABLE FROM REVENUE. (a) Revenue obligations issued under this chapter may be secured solely by and paid from a pledge of the net revenue derived from the operation of island property, including revenue from leases, subleases…