reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 293.028 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.028. Depository

Sec. 293.028.  DEPOSITORY.  The authority may:(1)  select a depository as provided by law for selection of a county depository;  or(2)  award a depository contract to the same depository used by the county on the same terms applicable to the county.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.029 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.029. Investment of Funds

Sec. 293.029.  INVESTMENT OF FUNDS.  The investment of and security for authority funds is governed, to the extent applicable, by the law governing investment of and security for a county's funds.  The bond resolution or trust indenture may provide further restrictions on the investment.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.030 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.030. Law Affecting Certain Contracts

Sec. 293.030.  LAW AFFECTING CERTAIN CONTRACTS.  The board, in connection with a contract for construction or for purchase of equipment and material that requires expenditure or payment of $2,000 or more, shall comply with Subchapter C, Chapter 262.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.031 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.031. Underground Shelter

Sec. 293.031.  UNDERGROUND SHELTER.  The authority may include a civil defense shelter in underground facilities constructed under this chapter.  In connection with this shelter the authority may:(1)  cooperate with the federal civil defense administrator and state civil defense officers;  and(2)  contract as necessary to participate in federal or state assistance in construction and operation of the shelter.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.032 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.032. Power of County

Sec. 293.032.  POWER OF COUNTY.  (a)  A county may acquire and sell or lease to the authority land that the commissioners court determines is needed for the project.  The sale or lease may be for the consideration that the commissioners court, after considering that the project is for the primary benefit of the county, determines is reasonable.(b)  The county may:(1)  lease property from the authority as is necessary or convenient and as is in the best interest of the county;(2)  pay the authority, at a bank designated by the authority, an annual rent determined by the lease;  and(3)  levy a tax sufficient to pay the rent as it comes due.(c)  Without limitation by Subsections (a) and (b), a county may do all things necessary or convenient to accomplish the objectives of this chapter.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.033 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.033. Provision of Facilities by County

Sec. 293.033.  PROVISION OF FACILITIES BY COUNTY.  This chapter does not alter the authority of the commissioners court to provide county facilities that the commissioners court considers necessary for the convenience of the people in populated areas.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.034 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter B. Creation and Operation|Section 293.034. Transfer of Assets to County; Dissolution

Sec. 293.034.  TRANSFER OF ASSETS TO COUNTY;  DISSOLUTION.  On payment of all of its indebtedness, the authority shall convey all of its assets to the county, without cost to the county.  On this conveyance, the authority is dissolved.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.051 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter C. Funding|Section 293.051. Revenue Bonds

Sec. 293.051.  REVENUE BONDS.  (a)  The authority may issue negotiable revenue bonds to provide funds to carry out its purposes.(b)  The bonds must:(1)  be authorized by a board resolution;(2)  be authorized by an election that is:(A)  called by a resolution of the board;(B)  held throughout the authority;  and(C)  called, held, and publicized in the manner provided by Chapter 1251, Government Code;(3)  be signed by the board president or vice-president and countersigned by the board secretary, either by actual or printed facsimile signature;(4)  include the authority seal;(5)  mature serially or otherwise in 40 years or less;(6)  be payable from and secured by a pledge of net revenues from ownership or operation of authority property;  and(7)  be sold at a price and under terms that the board considers the most advantageous and the most reasonably obtainable.(c)  The bonds may:(1)  be secured, in addition to the security prescribed in Subsection (b)(6), by a mortgage or deed of trust on authority real or personal property;(2)  bear interest at a rate not to exceed the interest rate prescribed by Chapter 1204, Government Code;(3)  be made callable before maturity at the times and prices prescribed in the bond resolution;  and(4)  be made registrable as to principal, interest, or both.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.308, eff. Sept. 1, 2001.|
TX Loc Govt Code § 293.052 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter C. Funding|Section 293.052. Junior Lien Bonds; Parity Bonds

Sec. 293.052.  JUNIOR LIEN BONDS;  PARITY BONDS.  (a)  The authority may issue bonds constituting a junior lien on net revenues or property of the authority unless prohibited by the bond resolution or trust indenture.(b)  The authority may issue parity bonds under conditions specified in the bond resolution or trust indenture.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.053 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter C. Funding|Section 293.053. Examination and Approval

Sec. 293.053.  EXAMINATION AND APPROVAL.  (a)  After the authority authorizes bonds, including refunding bonds, it shall submit the bonds and the record relating to their issuance to the attorney general.  If the bonds purport to be secured by a pledge of proceeds of an existing lease with the county or another governmental agency, a copy of the lease contract and the proceedings of the governmental authority authorizing the lease shall also be submitted.(b)  The attorney general shall examine the submitted documents and shall approve the bonds and the lease contract, if any, if they are determined to be valid.  On approval of the attorney general, the comptroller of public accounts shall register the bonds.(c)  On approval and registration of the bonds under this section, the bonds and the lease contract, if any, are valid, binding, and incontestable.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.054 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter C. Funding|Section 293.054. Legal and Authorized Investments

Sec. 293.054.  LEGAL AND AUTHORIZED INVESTMENTS.  (a)  Authority bonds are legal and authorized investments for a bank, savings bank, trust company, savings and loan association, insurance company, fiduciary, trustee, or guardian, or a sinking fund of a municipality, county, school district, or political subdivision of the state.(b)  Authority bonds may secure deposits of public funds of the state, a municipality, a county, a school district, or another political corporation or subdivision of the state.  The bonds may provide this security in an amount up to their value, if all unmatured coupons, if any, are attached.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 293.055 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter C. Funding|Section 293.055. Refunding Bonds

Sec. 293.055.  REFUNDING BONDS.  (a)  The authority may issue bonds for the purpose of refunding outstanding bonds.  Refunding bonds may be issued in the manner provided by this chapter for the issuance of other bonds, except that an election is not required.(b)  The comptroller may exchange the refunding bonds for the outstanding bonds or the authority may sell the refunding bonds and apply the proceeds according to Subchapter B or C, Chapter 1207, Government Code.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.309, eff. Sept. 1, 2001.|
TX Loc Govt Code § 293.056 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle B - County Public Buildings|Chapter 293 - County Building Authority Act|Subchapter C. Funding|Section 293.056. Initial Interest

Sec. 293.056.  INITIAL INTEREST.  The board may set aside the following money from the proceeds from the sale of bonds:(1)  money necessary to pay interest on the bonds for not more than two years;  and(2)  money that the board estimates to be necessary to pay the authority's operating expenses for its first year of operation.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 303.001 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.001. Short Title

Sec. 303.001.  SHORT TITLE.  This chapter may be cited as the Public Facility Corporation Act.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|
TX Loc Govt Code § 303.002 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.002. Purpose; Construction

Sec. 303.002.  PURPOSE;  CONSTRUCTION.  (a)  The purpose of this chapter is to authorize the creation and use of public facility corporations with the broadest possible powers to finance or to provide for the acquisition, construction, rehabilitation, renovation, repair, equipping, furnishing, and placement in service of public facilities in an orderly, planned manner and at the lowest possible borrowing costs.(b)  The legislature intends that a corporation created under this chapter be a public corporation, constituted authority, and instrumentality authorized to issue bonds on behalf of its sponsor for the purposes of Section 103, Internal Revenue Code of 1986 (26 U.S.C. Section 103).  This chapter and the rules and rulings issued under this chapter shall be construed according to this intent.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|
TX Loc Govt Code § 303.003 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.003. Definitions

Sec. 303.003.  DEFINITIONS.  In this chapter:(1)  "Board of directors" means the board of directors of a corporation.(2)  "Bonds" includes notes, interim certificates, or other evidences of indebtedness of a corporation issued or incurred under this chapter.(3)  "Corporation" means a public facility corporation created and existing under this chapter.(4)  "Credit agreement" means a loan agreement, revolving credit agreement, agreement establishing a line of credit, letter of credit, reimbursement agreement, insurance contract, commitment to purchase bonds or sponsor obligations, purchase or sale agreement, interest rate or commodities price swap agreement, cap or collar agreement, protection or management agreement, or commitment or other contract or agreement authorized and approved by the board of directors of a corporation in anticipation of, related to, or in connection with the authorization, issuance, incurrence, sale, security, exchange, payment, purchase, remarketing, or redemption of bonds or interest on bonds.(5)  "Director" means a member of a board of directors.(6)  "Housing authority" means a public corporation created under Chapter 392.(7)  "Public facility" means any real, personal, or mixed property, or an interest in property devoted or to be devoted to public use, and authorized to be financed, refinanced, or provided by sponsor obligations or bonds issued under this chapter.(8)  "Resolution" means a resolution, order, ordinance, or other official action by the governing body of a sponsor.(9)  "School district" means a political subdivision created under Section 3, Article VII, Texas Constitution.(10)  "Special district" means:(A)  a district created under Section 52, Article III, or Section 59, Article XVI, Texas Constitution;(B)  a hospital district or authority;  or(C)  a junior college district authorized by Chapter 130, Education Code.(11)  "Sponsor" means a municipality, county, school district, housing authority, or special district that causes a corporation to be created to act in accordance with this chapter.(12)  "Sponsor obligation" means an evidence of indebtedness or obligation that a sponsor issues or incurs to finance, refinance, or provide a public facility, including bonds, notes, warrants, certificates of obligation, leases, and contracts authorized by Section 303.041 and Subchapter C. |Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.Amended by: Acts 2015, 84th Leg., R.S., Ch. 488 (H.B. 2679), Sec. 1, eff. June 16, 2015.Acts 2015, 84th Leg., R.S., Ch. 488 (H.B. 2679), Sec. 2, eff. June 16, 2015.|
TX Loc Govt Code § 303.004 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.004. Adoption of Alternate Procedure in Case of Constitutional Violation

Sec. 303.004.  ADOPTION OF ALTERNATE PROCEDURE IN CASE OF CONSTITUTIONAL VIOLATION.  If a court holds that a procedure under this chapter violates the federal or state constitution, a corporation or its sponsor by resolution may provide an alternate procedure that conforms to the constitution.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|
TX Loc Govt Code § 303.005 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.005. Effect of Chapter on Other Law

Sec. 303.005.  EFFECT OF CHAPTER ON OTHER LAW.  (a)  This chapter does not limit the police power provided by law to this state or a municipality or other political subdivision of this state, or an official or agency of this state or of a municipality or other political subdivision of this state, over property of a corporation.(b)  A sponsor or corporation may use other law not in conflict with this chapter to the extent convenient or necessary to carry out a power expressly or impliedly granted by this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|
TX Loc Govt Code § 303.006 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.006. Limitation of Chapter

Sec. 303.006.  LIMITATION OF CHAPTER.  This chapter does not authorize a sponsor to issue a sponsor obligation, use a letter of credit, or mortgage a public facility.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|
TX Loc Govt Code § 303.007 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter A. General Provisions|Section 303.007. Natural Gas as Public Facility

Sec. 303.007.  NATURAL GAS AS PUBLIC FACILITY.  Natural gas purchased by a corporation for resale to a local government under an interlocal cooperation contract described by Section 791.025, Government Code, between the sponsor and the local government is considered a public facility for the purposes of this chapter.|Added by Acts 2013, 83rd Leg., R.S., Ch. 767 (S.B. 1063), Sec. 1, eff. June 14, 2013.|
TX Loc Govt Code § 303.021 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter B. Creation and Operation of Public Facility Corporation|Section 303.021. Authority to Create

Sec. 303.021.  AUTHORITY TO CREATE.  (a)  A sponsor may create one or more nonmember, nonstock, nonprofit public facility corporations to:(1)  issue bonds under this chapter, including bonds to purchase sponsor obligations;(2)  finance public facilities on behalf of its sponsor; or(3)  loan the proceeds of the obligations to other entities to accomplish the purposes of the sponsor.(b)  A sponsor may use the corporation to:(1)  acquire, construct, rehabilitate, renovate, repair, equip, furnish, or place in service public facilities;  or(2)  issue bonds on the sponsor's behalf to finance the costs of the public facilities.(c)  A corporation created under this chapter must remain a public facility corporation under this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.Amended by: Acts 2015, 84th Leg., R.S., Ch. 488 (H.B. 2679), Sec. 3, eff. June 16, 2015.Acts 2021, 87th Leg., R.S., Ch. 526 (S.B. 1942), Sec. 1, eff. June 14, 2021.|
TX Loc Govt Code § 303.022 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter B. Creation and Operation of Public Facility Corporation|Section 303.022. Creation Under Other Law

Sec. 303.022.  CREATION UNDER OTHER LAW.  A nonprofit corporation created by a housing authority under the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes), regardless of the date the corporation is created, is considered a corporation under this chapter, has the rights and powers necessary or convenient to accomplish a corporation's purposes under this chapter, and is subject to the requirements of this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.Amended by: Acts 2021, 87th Leg., R.S., Ch. 526 (S.B. 1942), Sec. 2, eff. June 14, 2021.|
TX Loc Govt Code § 303.023 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter B. Creation and Operation of Public Facility Corporation|Section 303.023. Procedure

Sec. 303.023.  PROCEDURE.  A governing body of a sponsor that determines that it is in the public interest and to the benefit of the sponsor's residents and the citizens of this state that a corporation be created to finance, refinance, or provide the costs of public facilities of the sponsor may by resolution stating that determination:(1)  authorize and approve the creation of a corporation to act on behalf of the sponsor;  and(2)  approve proposed articles of incorporation for the corporation.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|
TX Loc Govt Code § 303.024 (2021)
2021 Texas Statutes|Local Government Code|Title 9 - Public Buildings and Grounds|Subtitle C - Public Building Provisions Applying to More Than One Type of Local Government|Chapter 303 - Public Facility Corporations|Subchapter B. Creation and Operation of Public Facility Corporation|Section 303.024. Articles of Incorporation

Sec. 303.024.  ARTICLES OF INCORPORATION.  (a)  The articles of incorporation of the corporation must include:(1)  the corporation's name;(2)  a statement that the corporation is a nonprofit public corporation;(3)  the duration of the corporation, which may be perpetual;(4)  a statement that the purpose of the corporation is to assist its sponsor in financing, refinancing, or providing public facilities;(5)  a statement that the corporation has no members and is a nonstock corporation;(6)  the street address of the corporation's initial registered office and the name of its initial registered agent at that address;(7)  the number of directors on the initial board of directors and those directors' names and addresses;(8)  each incorporator's name and street address;(9)  the sponsor's name and address;  and(10)  a statement that the sponsor has specifically authorized the corporation to act on its behalf to further the public purpose set forth in the articles of incorporation and has approved the articles of incorporation.(b)  The corporate powers listed in this chapter are not required to be included in the articles of incorporation.(c)  The articles of incorporation may include provisions for the regulation of the internal affairs of the corporation, including a provision required or permitted by this chapter to be in the bylaws.(d)  Unless the articles of incorporation provide that a change in the number of directors may be made only by amendment to those articles, a change may be made by amendment to the bylaws.(e)  A provision of the articles of incorporation that requires the vote or concurrence of a greater proportion of the board of directors than this chapter controls over this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.|