reglab/housing_qa huggingface dataset:
TX Govt Code § 1502.070 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1502 - Public Securities for Municipal Utilities, Parks, or Pools|Subchapter B. Public Securities for Utility Systems, Parks, or Pools|Section 1502.070. Management and Control of Utility System

Sec. 1502.070.  MANAGEMENT AND CONTROL OF UTILITY SYSTEM.  (a)  Management and control of a utility system may be vested in:(1)  the municipality's governing body; or(2)  a board of trustees named in the proceedings adopted by the municipality and consisting of not more than:(A)  five members, one of whom must be the mayor of the municipality;(B)  seven members, one of whom must be the mayor of the municipality, if the municipality is located in a county:(i)  with a population of at least 800,000; and(ii)  that is located on an international border; or(C)  seven members, one of whom must be the mayor of the municipality, if the municipality is located in a county:(i)  with a population of at least 375,000;(ii)  that is located on an international border; and(iii)  that borders the Gulf of Mexico.(b)  The compensation of the trustees shall be specified by the proceedings. The compensation may not exceed five percent of the gross receipts of the utility system in any year.(c)  The proceedings of the municipality may specify the terms of office of the board of trustees, their powers and duties, the manner of exercising those powers and duties, the election of successor trustees, and any matter relating to the organization and duties of the board.  On any matter not covered by the proceedings, the board of trustees is governed by the laws and rules governing the municipality's governing body, to the extent applicable.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Renumbered from Government Code Sec. 1502.071 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.Amended by: Acts 2009, 81st Leg., R.S., Ch. 124 (H.B. 4004), Sec. 1, eff. May 23, 2009.Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 30, eff. September 1, 2011.Acts 2013, 83rd Leg., R.S., Ch. 98 (S.B. 795), Sec. 1, eff. May 18, 2013.|
TX Govt Code § 1502.071 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1502 - Public Securities for Municipal Utilities, Parks, or Pools|Subchapter B. Public Securities for Utility Systems, Parks, or Pools|Section 1502.071. Rules

Sec. 1502.071.  RULES.  (a)  The governing body or board of trustees having management and control of a utility system may adopt rules to:(1)  govern the provision of and payment for service;  and(2)  provide for the discontinuance of service for failure to pay when due until payment is made.(b)  The governing body may provide penalties for:(1)  the violation of a rule adopted under this section;(2)  the use of service without the consent or knowledge of the authorities in charge;  or(3)  any interference with, trespass on, or injury to a system or appliance or the premises on which the system or appliance is located.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Renumbered from Government Code Sec. 1502.072 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.|
TX Govt Code § 1502.072 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1502 - Public Securities for Municipal Utilities, Parks, or Pools|Subchapter B. Public Securities for Utility Systems, Parks, or Pools|Section 1502.072. Trustee

Sec. 1502.072.  TRUSTEE.  The proceedings adopted by the governing body of a municipality may provide for:(1)  the selection of a trustee to sell the encumbered facility on default in the payment of principal or interest under the contract;(2)  the selection of a successor trustee if the original trustee is disqualified or fails to act;  and(3)  the collection by the trustee of a fee of not more than five percent of the principal.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Renumbered from Sec. 1502.073 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.|
TX Govt Code § 1502.073 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1502 - Public Securities for Municipal Utilities, Parks, or Pools|Subchapter B. Public Securities for Utility Systems, Parks, or Pools|Section 1502.073. Notice to Governing Body Before Foreclosure or Other Action

Sec. 1502.073.  NOTICE TO GOVERNING BODY BEFORE FORECLOSURE OR OTHER ACTION.  (a)  Unless written notice is given to the governing body of the municipality and to any board of trustees in accordance with this section that there is a default in payment of any installment of principal of or interest on an obligation issued under this subchapter and that payment has been demanded:(1)  a collection fee may not accrue;(2)  a foreclosure proceeding may not be begun in a court or through a trustee;  and(3)  an option to mature any part of the obligation because of the default may not be exercised.(b)  A notice under Subsection (a) must be sent by prepaid registered mail to each member of the governing body and each member of any board of trustees, addressed to the member at the post office in the municipality.(c)  An action described by Subsection (a) may not be taken before the 91st day after the date the notice is mailed.(d)  A payment of a delinquent installment of principal and interest that is paid before the expiration of the period prescribed by Subsection (c) and that is accompanied by a payment of interest as prescribed in the contract, at a rate not to exceed 10 percent per year, from the date of default until the date of payment, has the same effect as if paid on the date the installment was originally due.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Renumbered from Government Code Sec. 1502.074 by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.|
TX Govt Code § 1502.074 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1502 - Public Securities for Municipal Utilities, Parks, or Pools|Subchapter B. Public Securities for Utility Systems, Parks, or Pools|Section 1502.074. Civil Enforcement

Sec. 1502.074.  CIVIL ENFORCEMENT.  A person who resides in a municipality and is a taxpayer or holder of a public security issued or an obligation incurred under this chapter and secured by the revenue of the municipality's utility system, park, or swimming pool as provided by this chapter is entitled to enforce this chapter by appropriate civil action in a district court in the county in which the municipality is located.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Renumbered from Government Code Sec. 1502.076 and amended by Acts 1999, 76th Leg., ch. 1064, Sec. 22, eff. Sept. 1, 1999.|
TX Govt Code § 1503.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.001. Authority to Issue Revenue Bonds

Sec. 1503.001.  AUTHORITY TO ISSUE REVENUE BONDS.  (a)  A municipality by ordinance may issue revenue bonds to:(1)  establish, improve, enlarge, extend, or repair:(A)  an airport of the municipality;  or(B)  a building, improvement, landing field, or other facility or service the municipality considers necessary, desirable, or convenient for the efficient operation and maintenance of an airport;  or(2)  acquire land for an airport.(b)  The municipality shall issue the bonds in the manner provided by Subchapter C. |Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.002. Bonds Payable From Revenue

Sec. 1503.002.  BONDS PAYABLE FROM REVENUE.  Bonds issued under this subchapter must be payable from all or a designated part of the revenue from the airport for which the bonds are issued, as provided in the ordinance authorizing the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.003. Pledge of Tax for Operation and Maintenance Expenses; Proceeds

Sec. 1503.003.  PLEDGE OF TAX FOR OPERATION AND MAINTENANCE EXPENSES;  PROCEEDS.  (a)  In addition to or instead of the pledge of revenue and income of the airport authorized by Subchapter C,  a municipality may impose and pledge to the payment of the operation and maintenance expenses of the airport a continuing annual ad valorem tax at a rate sufficient for that purpose, as provided in the ordinance authorizing the issuance of bonds under this subchapter.(b)  A tax under this section:(1)  must be imposed at a rate within any limit contained in the municipal charter;  and(2)  may not be used for the payment of the principal of or interest on the bonds.(c)  The proceeds of a tax pledged under this section shall be used annually, to the extent required by or provided in the ordinance authorizing the bonds, for the operation and maintenance of the airport.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.004. Contents of Ordinance Authorizing Bonds

Sec. 1503.004.  CONTENTS OF ORDINANCE AUTHORIZING BONDS.  (a)  The ordinance authorizing the issuance of bonds under this subchapter may:(1)  provide for the flow of funds and the establishment and maintenance of an interest and sinking fund, reserve fund, or other fund;(2)  make additional covenants relating to the bonds and pledged revenue and the operation and maintenance of the improvement or facility the revenue of which is pledged, including providing for the operation or lease of all or part of the improvement or facility and the use or pledge of money derived from operation contracts and leases;  or(3)  provide that the municipality will pay all or certain costs of operating and maintaining the airport from the proceeds of a tax imposed under Section 1503.003.(b)  The ordinance may:(1)  prohibit the further issuance of additional bonds or other obligations payable from the pledged revenue;  or(2)  reserve the right to issue additional bonds secured by a pledge of and payable from the revenue on a parity with, or subordinate to, the lien and pledge in support of the bonds being issued, subject to any condition provided by the ordinance.(c)  The ordinance may contain other provisions and covenants.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.005 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.005. Adoption and Execution of Documents

Sec. 1503.005.  ADOPTION AND EXECUTION OF DOCUMENTS.  A municipality may adopt or have executed any other proceeding or instrument necessary or convenient for the issuance of bonds under this subchapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.006 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.006. Maturity

Sec. 1503.006.  MATURITY.  A bond issued under this subchapter must mature not later than 40 years after its date.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.007 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.007. Signatures

Sec. 1503.007.  SIGNATURES.  A bond issued under this subchapter must be signed by the mayor of the municipality and countersigned by the secretary or clerk of the municipality.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.008 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.008. Sale of Bonds

Sec. 1503.008.  SALE OF BONDS.  A municipality may sell bonds issued under this subchapter under the terms determined by the governing body of the municipality to be the most advantageous and reasonably obtainable.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.009 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.009. Investment of Bond Proceeds and Funds

Sec. 1503.009.  INVESTMENT OF BOND PROCEEDS AND FUNDS.  (a)  The bond proceeds, until they are needed for the purpose for which the bonds were issued, may be invested in direct obligations of the United States, placed on time deposit, or both.(b)  Money in an interest and sinking fund, reserve fund, or any other fund established or provided for in the ordinance authorizing the bonds may be invested in the manner and in the securities as provided in that ordinance.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.010 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.010. Refunding Bonds

Sec. 1503.010.  REFUNDING BONDS.  (a)  A municipality by ordinance may issue revenue refunding bonds to refund original bonds or refunding bonds issued under this subchapter or Subchapter C. (b)  The comptroller shall register the refunding bonds on the surrender and cancellation of the bonds to be refunded.(c)  In lieu of issuing bonds to be registered on the surrender and cancellation of the bonds to be refunded, the municipality, in the ordinance authorizing the issuance of the refunding bonds, may provide for the sale of the refunding bonds and the deposit of the proceeds at a place at which the bonds to be refunded are payable.  In that case, the refunding bonds may be issued in an amount sufficient to pay the interest on the bonds to be refunded to their maturity date or option date, and the comptroller shall register the refunding bonds without the surrender and cancellation of the bonds to be refunded.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.011 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter A. Revenue Bonds for Airports|Section 1503.011. Applicability of Other Law

Sec. 1503.011.  APPLICABILITY OF OTHER LAW.  Except to the extent of a conflict or inconsistency with this subchapter, Subchapter C  applies to bonds issued under this subchapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.051 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.051. Applicability of Subchapter

Sec. 1503.051.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies only to a municipality with a population of more than 40,000.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.052 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.052. Definition

Sec. 1503.052.  DEFINITION.  In this subchapter, "airport" includes all land and any building or other improvement necessary or convenient to establish or operate an airport, including land or an improvement necessary to:(1)  assemble or manufacture aircraft for military use or another governmental purpose;  or(2)  provide housing or office space for employees necessary or incidental to such purposes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.053 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.053. Authority to Issue Bonds and Warrants

Sec. 1503.053.  AUTHORITY TO ISSUE BONDS AND WARRANTS.  (a)  A municipality may borrow money and may issue bonds and warrants to finance all or part of the cost of acquiring, constructing, improving, enlarging, extending, or repairing an airport.(b)  Warrants may be authorized under this subchapter by ordinance.  A majority of all of the members of the governing body of the municipality, at the meeting at which the ordinance is introduced, may adopt the ordinance.  The ordinance takes effect immediately.(c)  A municipality that issues warrants under this subchapter must comply with the provisions of Chapter 252, Local Government Code, relating to bidders, notice of intention to issue the warrants, and the right to a referendum.  Except as provided by that chapter, an election is not necessary to authorize the issuance of warrants under this subchapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.054 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.054. Pledge of Revenue

Sec. 1503.054.  PLEDGE OF REVENUE.  In addition to taxes, a municipality may pledge to the timely payment of the principal of and interest on warrants issued under this subchapter all or part of the receipts derived from the operation of the airport, including income, rent, revenue, and tolls.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.055 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.055. Maturity

Sec. 1503.055.  MATURITY.  Warrants issued under this subchapter must mature annually in such amounts so that the aggregate amount of principal and interest due in each year is substantially equal over a period not to exceed 30 years after their date.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.056 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.056. Limit on Amount of Warrants

Sec. 1503.056.  LIMIT ON AMOUNT OF WARRANTS.  A municipality may not issue warrants under this Subchapter in an aggregate amount in excess of $125,000.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.057 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.057. Sale of Warrants

Sec. 1503.057.  SALE OF WARRANTS.  A municipality may sell warrants issued under this subchapter at a public or private sale.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.058 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.058. Action to Collect Warrants; Evidence

Sec. 1503.058.  ACTION TO COLLECT WARRANTS;  EVIDENCE.  In any action brought to enforce the collection of warrants issued under this subchapter that have been approved by the attorney general and registered by the comptroller, the certificate of the attorney general or a certified copy of the certificate shall be admitted as evidence of the validity of the warrants and the coupons attached to the warrants.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1503.059 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1503 - Obligations for Municipal Airports|Subchapter B. Bonds and Warrants for Airports in Municipalities With Population of More Than 40,000|Section 1503.059. Authority to Impose Tax

Sec. 1503.059.  AUTHORITY TO IMPOSE TAX.  (a)  A municipality that issues warrants under this subchapter shall annually impose a tax in an amount sufficient to pay when due the principal of and interest on the warrants.  The tax shall be imposed and paid in the same manner as other taxes of the municipality.(b)  If the warrants are additionally secured by a pledge of the receipts derived from the operation of the airport for which the warrants are issued, the municipality may reduce the tax imposed under this section by the amount of money available that is pledged to the payment of the principal of and interest on the warrants.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|