reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 254.024 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter B. Management and Control of Island Property; Board of Trustees|Section 254.024. Competitive Bidding

Sec. 254.024.  COMPETITIVE BIDDING.  (a)  The board may award a contract involving the expenditure of more than $15,000 only by competitive bidding.(b)  Competitive bidding is not required:(1)  for a contract for:(A)  personal or professional services;(B)  a real estate transaction;(C)  operation of an improvement or facility under a specific agreement for a limited term;  or(D)  insurance;  or(2)  if the board determines that the delay posed by the competitive bidding procedure would prevent or substantially impair the operation of island property.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.051 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.051. Authority of Municipality to Issue Obligations

Sec. 254.051.  AUTHORITY OF MUNICIPALITY TO ISSUE OBLIGATIONS.  The governing body of a municipality by ordinance may issue in the name of the municipality obligations payable from taxes, revenue, or both to provide money for a facility or improvement under this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.052 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.052. Election

Sec. 254.052.  ELECTION.  (a)  Obligations payable from ad valorem taxes, other than refunding obligations, may be issued only if authorized at an election held under Chapter 1251, Government Code.(b)  Notwithstanding any law or charter provision to the contrary, an election is not required to authorize the issuance under this chapter of obligations payable solely from revenue if:(1)  the obligations are not:(A)  a debt of the municipality;  or(B)  a pledge of the faith and credit of the municipality;  and(2)  the owner or holder of an obligation is not entitled to demand payment from money raised by taxation.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.053 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.053. Authority of Board to Issue Obligations

Sec. 254.053.  AUTHORITY OF BOARD TO ISSUE OBLIGATIONS.  A board by resolution may issue in the name of the board, with the consent of the governing body of the municipality:(1)  obligations payable from revenue in the manner provided by this chapter and refund previously issued obligations;(2)  expense notes drawn against the revenues of the board to pay expenses during the fiscal year of the board in which the notes are issued;  and(3)  certificates of participation in contractual obligations to pay money.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.054 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.054. Limitation on Aggregate Amount of Expense Notes

Sec. 254.054.  LIMITATION ON AGGREGATE AMOUNT OF EXPENSE NOTES.  The aggregate amount of expense notes issued under Section 254.053(2) that are outstanding at any time during a fiscal year may not exceed 50 percent of the difference between:(1)  the revenue of the board budgeted for that fiscal year;  and(2)  the principal of and interest on board obligations other than expense notes to be paid from the revenue of the board during that fiscal year.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.055 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.055. Maturity of Obligation

Sec. 254.055.  MATURITY OF OBLIGATION.  An obligation issued under this chapter must mature not later than 40 years after its date of issuance.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.056 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.056. Signatures; Seal

Sec. 254.056.  SIGNATURES;  SEAL.  (a)  An obligation issued by a municipality under this chapter must be:(1)  signed by the mayor or the presiding officer of the municipality;(2)  countersigned by the municipality's secretary or clerk;  and(3)  impressed with the seal of the municipality.(b)  An obligation authorized by the board under this chapter must be:(1)  signed by the presiding officer of the board;(2)  countersigned by the secretary or assistant secretary;  and(3)  impressed with the seal of the board.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.057 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.057. Sale of Obligations

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 obligations payable from revenue notwithstanding any restriction in a municipal charter to the contrary.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.058 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.058. Contents of Ordinance or Resolution

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, reserve fund, or other fund, and the depositing of money;  and(2)  contain any covenant, as considered appropriate, with respect to the obligations, the pledged revenue, and the operation and maintenance of the island property.(b)  The ordinance or resolution or another proceeding may:(1)  prohibit the further issuance of obligations payable from the pledged revenue;  or(2)  reserve the right to issue additional obligations to be secured by a pledge of and payable from the net revenue on a parity with, or subordinate to, the lien and pledge securing the obligations being issued, subject to any condition provided by the ordinance, resolution, or other proceeding.(c)  The ordinance, resolution, or other proceeding may:(1)  provide that surplus net revenue received from the operation of the island property may be used for the payment of the principal of and interest on any obligations payable from taxes issued by the municipality under this chapter;  and(2)  contain other provisions and covenants.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.059 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.059. Review and Approval of Contracts Relating to Revenue Obligations

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 must be submitted to the attorney general for approval.(b)  The approval by the attorney general of the obligations is approval of the contract.(c)  After approval, the contract is incontestable except for forgery or fraud.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.060 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.060. Security for and Payment of Obligations Payable From Revenue

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, sales, or contracts for sale entered into by the municipality or the board of trustees with respect to the island property.  For purposes of this subsection, the net revenue is an amount equal to the gross revenue derived from the operation of the island property less the reasonable expenses of maintaining and operating the island property.(b)  While the principal of or interest on obligations is outstanding, the issuer shall:(1)  impose and collect charges in an amount sufficient to pay:(A)  maintenance and operation expenses of the island property;(B)  the interest on the obligations as it accrues;  and(C)  the principal of the obligations as the obligations mature;  and(2)  make any other payment prescribed by the ordinance or resolution authorizing or other proceeding relating to the issuance of the obligations.(c)  In addition to the security provided by Subsection (a), obligations may be secured by a trust indenture and a mortgage or deed of trust lien or other security interest on island property.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.061 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.061. Use of Certain Proceeds

Sec. 254.061.  USE OF CERTAIN PROCEEDS.  From the proceeds from the sale of obligations issued under this chapter, there may be appropriated or set aside:(1)  an amount for the payment of interest expected to accrue while an island property facility or improvement is under construction;(2)  an amount necessary to pay expenses related to the issuance, sale, and delivery of the obligations;  and(3)  an amount required by the ordinance or resolution authorizing the issuance of the obligations to be deposited to the credit of a reserve or other fund.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.062 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.062. Lease or Sale of Island Property

Sec. 254.062.  LEASE OR SALE OF ISLAND PROPERTY.  (a)  In connection with the issuance of revenue obligations, a municipality or board may lease, sublease, or sell island property to be constructed or acquired with the proceeds of the obligations.(b)  A lease, sublease, or contract of sale may contain any provision that the municipality or board considers advantageous.(c)  A lease, sublease, or contract of sale may provide for the lessee or purchaser of the island property to make payments in amounts adequate to pay the principal of and interest and premium on the obligations when they become due.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.063 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter C. Obligations|Section 254.063. Encumbrance of Island Property Improvements or Facilities Financed by Obligations Payable From Ad Valorem Taxes

Sec. 254.063.  ENCUMBRANCE OF ISLAND PROPERTY IMPROVEMENTS OR FACILITIES FINANCED BY OBLIGATIONS PAYABLE FROM AD VALOREM TAXES.  A municipality may not encumber an island property improvement or facility financed by obligations payable from ad valorem taxes unless authorized at the election required by Section 254.052.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.081 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter D. Refunding Obligations|Section 254.081. Applicability of Law Relating to Original Obligations

Sec. 254.081.  APPLICABILITY OF LAW RELATING TO ORIGINAL OBLIGATIONS.  The provisions of this chapter relating to original obligations apply to refunding obligations issued under this chapter to the extent the provisions can be made to apply.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.082 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter D. Refunding Obligations|Section 254.082. Authority to Issue Tax Refunding Obligations

Sec. 254.082.  AUTHORITY TO ISSUE TAX REFUNDING OBLIGATIONS.  The governing body of a municipality may issue tax obligations under this chapter to refund outstanding tax obligations.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.083 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter D. Refunding Obligations|Section 254.083. Authority to Issue Revenue Refunding Obligations

Sec. 254.083.  AUTHORITY TO ISSUE REVENUE REFUNDING OBLIGATIONS.  The governing body of a municipality or a board with the approval of the governing body may issue revenue obligations under this chapter to refund outstanding revenue obligations.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.084 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter D. Refunding Obligations|Section 254.084. Terms of Issuance of Revenue Refunding Obligations

Sec. 254.084.  TERMS OF ISSUANCE OF REVENUE REFUNDING OBLIGATIONS.  (a)  Revenue refunding obligations may:(1)  be combined with new or original revenue obligations into one series or issue;(2)  be issued to refund obligations of more than one series or issue;(3)  combine the pledges securing the obligations to be refunded to secure the revenue refunding obligations;  or(4)  be secured by a pledge of other or additional net revenue.(b)  A revenue refunding obligation may bear interest at a rate higher than that of the obligation to be refunded.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.085 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter D. Refunding Obligations|Section 254.085. Registration of Refunding Obligations by Comptroller

Sec. 254.085.  REGISTRATION OF REFUNDING OBLIGATIONS BY COMPTROLLER.  (a)  Except as provided by Subsection (b), the comptroller shall register refunding obligations on surrender and cancellation of the obligations to be refunded.(b)  The comptroller shall register refunding obligations without the surrender and cancellation of the obligations to be refunded if:(1)  the ordinance or resolution authorizing the issuance of the refunding obligations requires that:(A)  the obligations be sold at public or private sale;  and(B)  the proceeds from the sale be deposited:(i)  in a place where the obligations to be refunded are payable;  or(ii)  with the comptroller;  and(2)  the refunding obligations are issued in an amount sufficient to pay the principal of and interest on the obligations to be refunded to the option or maturity date of the obligations.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 254.086 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle A - Municipal Acquisition, Sale, or Lease of Property|Chapter 254 - Acquisition and Development of Island Property|Subchapter D. Refunding Obligations|Section 254.086. Escrow Agreement

Sec. 254.086.  ESCROW AGREEMENT.  (a)  The proceeds from revenue refunding obligations that are deposited as provided by Section 254.085(b)(1)(B) shall be held under an escrow agreement so that the proceeds and interest earned on the proceeds will be available to pay the principal of and interest on the obligations to be refunded as each becomes due.(b)  The escrow agreement may provide that the proceeds may, until needed to pay principal and interest, be invested in direct obligations of the United States.(c)  Interest earned on an investment described by Subsection (b) may be:(1)  pledged to the payment of the principal of and interest on the obligations to be refunded or the refunding obligations;  or(2)  considered as revenue of the island property.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.|
TX Loc Govt Code § 262.001 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle B - County Acquisition, Sale, or Lease of Property|Chapter 262 - Purchasing and Contracting Authority of Counties|Subchapter A. General Provisions|Section 262.001. Appointment of Agent to Make Contracts

Sec. 262.001.  APPOINTMENT OF AGENT TO MAKE CONTRACTS.  (a)  The commissioners court of a county may appoint an agent to make a contract on behalf of the county for:(1)  erecting or repairing a county building;(2)  supervising the erecting or repairing of a county building;  or(3)  any other purpose authorized by law.(b)  A contract or other act of an agent appointed under this section that is properly executed on behalf of the county and is within the agent's authority binds the county to the contract for all purposes.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 262.002 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle B - County Acquisition, Sale, or Lease of Property|Chapter 262 - Purchasing and Contracting Authority of Counties|Subchapter A. General Provisions|Section 262.002. Authority to Purchase Road Equipment and Tires Through Comptroller

Sec. 262.002.  AUTHORITY TO PURCHASE ROAD EQUIPMENT AND TIRES THROUGH COMPTROLLER.  (a)  The commissioners court of a county may purchase through the comptroller road machinery and equipment, tires, and tubes to be used by the county.(b)  The commission must purchase an item under this section on competitive bids and in accordance with any rules of the commission.(c)  A purchase under this section must be made on the requisition of the commissioners court.  When the court sends the requisition to the commission, the court must include with the requisition a general description of the item desired and a certification of the funds available to pay for the item.(d)  The commission may adopt rules to carry out the purpose of this section.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.Amended by: Acts 2007, 80th Leg., R.S., Ch. 937 (H.B. 3560), Sec. 1.101, eff. September 1, 2007.Acts 2007, 80th Leg., R.S., Ch. 937 (H.B. 3560), Sec. 1.102, eff. September 1, 2007.|
TX Loc Govt Code § 262.003 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle B - County Acquisition, Sale, or Lease of Property|Chapter 262 - Purchasing and Contracting Authority of Counties|Subchapter A. General Provisions|Section 262.003. Small, Sole-Source Purchase Exempt From Competitive Bidding

Sec. 262.003.  SMALL, SOLE-SOURCE PURCHASE EXEMPT FROM COMPETITIVE BIDDING.  (a)  Any law that requires a county to follow a competitive procurement procedure in making a purchase requiring the expenditure of $50,000 or less does not apply to the purchase of an item available for purchase from only one supplier.(b)  If a county makes a purchase covered by Subsection (a), the county auditor or other appropriate county officer or employee may not refuse payment for the purchase because a competitive bidding procedure was not followed.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1993, 73rd Leg., ch. 757, Sec. 12, eff. Sept. 1, 1993;  Acts 2001, 77th Leg., ch. 115, Sec. 4, eff. Sept. 1, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 1266 (H.B. 987), Sec. 3, eff. June 19, 2009.|
TX Loc Govt Code § 262.004 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle B - County Acquisition, Sale, or Lease of Property|Chapter 262 - Purchasing and Contracting Authority of Counties|Subchapter A. General Provisions|Section 262.004. Contract and Other Instruments Vest Rights in County; Suit on Contract or Other Instrument

Sec. 262.004.  CONTRACT AND OTHER INSTRUMENTS VEST RIGHTS IN COUNTY;  SUIT ON CONTRACT OR OTHER INSTRUMENT.  (a)  A note, bond, bill, contract, covenant, agreement, or writing in which a person is bound to a county, to the court or commissioners of a county, or to another person for the payment of a debt or for the performance of a duty or another action for the county vests in the county the same right, interest, or action that would vest in any other person if the contract had been made with that other person.(b)  A suit may be initiated and prosecuted on an instrument covered by Subsection (a) in the name of a county, or in the name of the person to whom the document was made for the use of the county, in the same manner that any other person may sue on a similar document made to that person.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 262.005 (2021)
2021 Texas Statutes|Local Government Code|Title 8 - Acquisition, Sale, or Lease of Property|Subtitle B - County Acquisition, Sale, or Lease of Property|Chapter 262 - Purchasing and Contracting Authority of Counties|Subchapter A. General Provisions|Section 262.005. Application of Other Law

Sec. 262.005.  APPLICATION OF OTHER LAW.  The purchasing requirements of Section 361.426, Health and Safety Code, apply to county purchases made under this chapter.|Added by Acts 1991, 72nd Leg., ch. 303, Sec. 18, eff. Sept. 1, 1991.|