reglab/housing_qa huggingface dataset:
TX Govt Code § 1508.160 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter D. Bonds for Parks and Recreational Facilities in Municipalities With Population of 1.9 Million or More|Section 1508.160. Charges

Sec. 1508.160.  CHARGES.  (a)  The governing body of a municipality may impose and collect charges for the use of a facility described by Section 1508.152(a).(b)  A municipality shall impose and collect charges in an amount that will be at least sufficient, with any other pledged resources, to provide for the payment of:(1)  the principal of, interest on, and any other amounts required in connection with the bonds;  and(2)  to the extent required by the ordinance authorizing the issuance of the bonds:(A)  expenses incurred in connection with the bonds;  and(B)  operation, maintenance, and other expenses incurred in connection with the facility.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.161 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter D. Bonds for Parks and Recreational Facilities in Municipalities With Population of 1.9 Million or More|Section 1508.161. Use of Ad Valorem Taxes

Sec. 1508.161.  USE OF AD VALOREM TAXES.  (a)  In addition to or instead of a pledge of revenue, a municipality may impose and pledge to the payment of any portion of the operation and maintenance costs of a facility described by Section 1508.152(a) a continuing annual ad valorem tax imposed 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 issuance of the bonds, for the operation and maintenance of the facility.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.162 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter D. Bonds for Parks and Recreational Facilities in Municipalities With Population of 1.9 Million or More|Section 1508.162. Refunding Bonds

Sec. 1508.162.  REFUNDING BONDS.  (a)  A municipality may refund or otherwise refinance bonds issued under this subchapter by issuing refunding bonds under any terms provided by the ordinance authorizing the issuance of the bonds.  All appropriate provisions of this subchapter apply to the refunding bonds.  The refunding bonds shall be issued in the manner provided by this subchapter for other bonds.(b)  The refunding bonds may be sold and delivered in amounts necessary to pay the principal of and interest and any redemption premium on the bonds to be refunded, at maturity or on any redemption date.(c)  The refunding bonds may be issued to be exchanged for the bonds being refunded by them.  In that case, the comptroller shall register the refunding bonds and deliver them to the holder of the bonds being refunded as provided by the ordinance authorizing the issuance of the bonds.  The exchange may be made in one delivery or in installment deliveries.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.163 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter D. Bonds for Parks and Recreational Facilities in Municipalities With Population of 1.9 Million or More|Section 1508.163. Public Purpose

Sec. 1508.163.  PUBLIC PURPOSE.  Each purpose authorized by Section 1508.152 is a public purpose and a proper municipal function.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.164 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter D. Bonds for Parks and Recreational Facilities in Municipalities With Population of 1.9 Million or More|Section 1508.164. Conflict or Inconsistency With Other Law

Sec. 1508.164.  CONFLICT OR INCONSISTENCY WITH OTHER LAW.  When bonds are issued under this subchapter, to the extent of any conflict or inconsistency between this subchapter and another law or a charter provision of a home-rule municipality, this subchapter controls.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.201 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.201. Applicability of Subchapter

Sec. 1508.201.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies only to a municipality that owns a sea life park and oceanarium for which any portion of the costs of construction, equipment, or development is paid from the proceeds of general obligation park bonds authorized by an election held in the municipality.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.202 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.202. Authority to Issue Certificates of Indebtedness

Sec. 1508.202.  AUTHORITY TO ISSUE CERTIFICATES OF INDEBTEDNESS.  (a)  The governing body of a municipality by ordinance may issue certificates of indebtedness to obtain money to:(1)  operate, maintain, repair, develop, or expand the sea life park and oceanarium;(2)  acquire equipment and inventories for the sea life park and oceanarium;(3)  pay for services when performed, or for items when acquired, for the benefit of the municipality under an agreement relating to the development, operation, equipping, staffing, or maintenance of the sea life park and oceanarium, including a lease, use, purchase, concession, or operating agreement;  or(4)  acquire a facility, asset, or right from an operator under Section 1508.206.(b)  A municipality may issue certificates of indebtedness for a purpose described by Subsections (a)(1)-(3) in connection with another public facility:(1)  owned by the municipality in conjunction with the sea life park and oceanarium;  and(2)  authorized under Subchapter B, Chapter 305, Local Government Code, or Subchapter A, Chapter 1504.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.203 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.203. Security for Certificates

Sec. 1508.203.  SECURITY FOR CERTIFICATES.  (a)  Certificates of indebtedness issued under this subchapter may be secured by and made payable from:(1)  taxes;(2)  revenue;  or(3)  both taxes and revenue.(b)  To secure the repayment of certificates of indebtedness issued under this subchapter or bonds issued to refund certificates of indebtedness issued under this subchapter, the governing body of a municipality may:(1)  pledge any portion of the revenue from the ownership or operation of any facility, asset, or right under this subchapter;  or(2)  execute a deed of trust or mortgage lien on any portion of a facility described by Section 1508.202.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.204 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.204. Sale or Delivery of Certificates

Sec. 1508.204.  SALE OR DELIVERY OF CERTIFICATES.  The ordinance authorizing the issuance of certificates of indebtedness under this subchapter may include provisions for any manner of:(1)  sale of the certificates;(2)  exchange of the certificates for property or services;  or(3)  delivery of the certificates.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.205 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.205. Authority to Enter Into Agreement Regarding Public Facilities

Sec. 1508.205.  AUTHORITY TO ENTER INTO AGREEMENT REGARDING PUBLIC FACILITIES.  (a)  The governing body of a municipality may enter into an agreement relating to the operation, maintenance, development, expansion, equipment, or supplying of a public facility described by Section 1508.202.(b)  An agreement authorized by Subsection (a) may be entered into only:(1)  on the issuance of certificates of indebtedness under this subchapter;  or(2)  in anticipation of:(A)  the issuance of certificates of indebtedness under this subchapter;  or(B)  the receipt of revenue from a public facility instead of the issuance of certificates of indebtedness.(c)  The agreement may be of a type, on the terms, and entered into under procedures that the governing body determines best, necessary, and proper.(d)  The proceeds from the certificates of indebtedness, or the revenue received instead of issuing certificates, may be used to satisfy an agreement under this section.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.206 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.206. Acquisition of Public Facility From Operator

Sec. 1508.206.  ACQUISITION OF PUBLIC FACILITY FROM OPERATOR.  (a)  A municipality may acquire any portion of a public facility described by Section 1508.202, or an asset or right related to the facility, including broadcasting or similar rights, from a person or corporation that operates any portion of the facility on behalf of the municipality under an agreement, including a lease, use, purchase, concession, or operating agreement, if:(1)  the governing body of the municipality determines that the facility could be better and more efficiently operated directly by the municipality or through another method;  and(2)  the person or corporation consents to the acquisition.(b)  The method used by the municipality to operate the facility may include the use of an operating board appointed by the governing body, with the board's powers granted by ordinance or another method.(c)  A facility, asset, or right acquired under this section may be used or sold by the municipality.  In conjunction with the use or sale, the municipality may promote or advertise:(1)  the municipality;(2)  the facility;  or(3)  an event conducted in or in connection with the facility.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.207 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.207. Discontinuation of Sea Life Park and Oceanarium; Sale or Lease of Surplus Property

Sec. 1508.207.  DISCONTINUATION OF SEA LIFE PARK AND OCEANARIUM;  SALE OR LEASE OF SURPLUS PROPERTY.  (a)  The governing body of a municipality by ordinance may abandon the use of property for a sea life park and oceanarium and sell or lease the property for any purpose the governing body determines is appropriate and in the interest of the residents of the municipality if:(1)  the property was partly or wholly financed under this subchapter;  and(2)  the governing body finds that use of the property as a sea life park and oceanarium should be abandoned because:(A)  the sea life park and oceanarium is no longer economically feasible;  and(B)  the continued use of the property as a sea life park and oceanarium would be unprofitable.(b)  The municipality must sell property under this section only to the highest and best bidder as required for other property sold by the municipality.(c)  The municipality may lease property under this section for another purpose for a term and under such other provisions as agreed to by the governing body.(d)  The municipality shall apply rent received under a lease under Subsection (c) as required by any ordinance authorizing the issuance of certificates of indebtedness secured in whole or in part by revenue derived from the sea life park and oceanarium.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1508.208 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1508 - Obligations for Municipal Parks, Recreational Facilities, and Airports|Subchapter E. Certificates of Indebtedness for Sea Life Park and Oceanarium|Section 1508.208. Conflict or Inconsistency With Other Law

Sec. 1508.208.  CONFLICT OR INCONSISTENCY WITH OTHER LAW.  When any certificates of indebtedness are being issued or any act or contract is undertaken under this subchapter, to the extent of any conflict or inconsistency between this subchapter and another law applicable to the municipality, this subchapter controls.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1509.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.001. Authority to Acquire Property for Lease to Public or Private Entity

Sec. 1509.001.  AUTHORITY TO ACQUIRE PROPERTY FOR LEASE TO PUBLIC OR PRIVATE ENTITY.  (a)  A municipality may acquire land and may construct or acquire a building or other facility for the purpose of leasing the land, building, or other facility to:(1)  a political subdivision or state agency for public use; (2)  an individual, private corporation, or other private entity for use in manufacturing or another commercial activity; or(3)  if the municipality is a defense community as defined by Section 397.001, Local Government Code, the federal government to enhance the military value of a military facility located in or near the defense community.(b)  A municipality may not acquire land under Subsection (a) by eminent domain.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.Amended by: Acts 2005, 79th Leg., Ch. 1302 (H.B. 2931), Sec. 1, eff. June 18, 2005.|
TX Govt Code § 1509.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.002. Authority to Acquire Property for Sale or Lease to Institution of Higher Education

Sec. 1509.002.  AUTHORITY TO ACQUIRE PROPERTY FOR SALE OR LEASE TO INSTITUTION OF HIGHER EDUCATION.  (a)  In this section, "institution of higher education" has the meaning assigned by Section 61.003, Education Code.(b)  This section applies only to a municipality that:(1)  has a population of more than 17,000 but less than 18,000; and(2)  is located in two counties with populations of 550,000 or more but less than 4.2 million.(c)  A municipality may acquire land and may construct or acquire a building or other facility for the purpose of selling or leasing the land, building, or other facility to an institution of higher education that will provide a significant number of vocational and vocational-technical education courses in the facility for public use.(d)  The municipality may sell or lease the property:(1)  without public notice or bidding;  and(2)  on terms the governing body of the municipality finds acceptable.(e)  A municipality may not acquire land under this section by eminent domain.(f)  A sale under Subsection (c) may be by an installment sale agreement or otherwise.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 669, Sec. 32, eff. Sept. 1, 2001.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 32, eff. September 1, 2011.|
TX Govt Code § 1509.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.003. Authority to Issue Bonds

Sec. 1509.003.  AUTHORITY TO ISSUE BONDS.  To develop and diversify the economy of this state and eliminate unemployment or underemployment in this state under the authority granted by Section 52-a, Article III, Texas Constitution, a municipality may issue and sell bonds to finance an action taken under Section 1509.001 or 1509.002.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1509.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.004. Bond Payments From Revenue or Taxes

Sec. 1509.004.  BOND PAYMENTS FROM REVENUE OR TAXES.  (a)  A municipality may provide for payment of the principal of and interest on bonds issued under this subchapter by:(1)  pledging all or part of the revenue from the sale or lease of all or part of the land, building, or other facility financed by the bonds, after deduction of reasonable operation and maintenance costs;(2)  imposing an annual ad valorem tax;  or(3)  combining those sources.(b)  A municipality with a population of 80,000 or more may also provide for the payment of the principal of or interest on the bonds by pledging all or any part of other municipal revenue that is not prohibited from being used for that payment.(c)  A municipality with a population of at least 50,000 that has taken action under Section 1509.001(a)(3) may also provide for the payment of the principal of or interest on the bonds issued to finance the action taken by pledging all or any part of other municipal revenue that the municipality is not prohibited from using for that payment.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.Amended by: Acts 2005, 79th Leg., Ch. 1302 (H.B. 2931), Sec. 2, eff. June 18, 2005.|
TX Govt Code § 1509.005 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.005. Election Required to Secure Bonds With Tax Revenue

Sec. 1509.005.  ELECTION REQUIRED TO SECURE BONDS WITH TAX REVENUE.  Bonds to be issued under this subchapter that are payable in whole or in part from ad valorem taxes must be approved, before issuance, by a vote of a majority of the registered voters of the municipality voting on the issue.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1509.006 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.006. Contents of Ordinance, Order, or Resolution Authorizing Bonds

Sec. 1509.006.  CONTENTS OF ORDINANCE, ORDER, OR RESOLUTION AUTHORIZING BONDS.  (a)  In the ordinance, order, or resolution authorizing the issuance of bonds under this subchapter, the governing body of a municipality may provide for the deposit and accounting of money and the establishment and maintenance of an interest and sinking fund, a reserve fund, or another fund.(b)  The ordinance, order, or resolution may make additional covenants relating to the bonds, the pledged revenue, or the operation and maintenance of any land, building, or other facility the revenue of which is pledged for bond payments.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1509.007 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.007. Adoption and Execution of Documents

Sec. 1509.007.  ADOPTION AND EXECUTION OF DOCUMENTS.  The governing body of a municipality may adopt and have executed any proceeding or instrument necessary and convenient in:(1)  the issuance of bonds under this subchapter;  or(2)  the acquisition and sale or lease of any land, building, or other facility under Section 1509.001 or 1509.002.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1509.008 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.008. Maturity

Sec. 1509.008.  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 § 1509.009 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1509 - Obligations for Other Municipal Purposes|Subchapter A. Bonds for Facilities to Be Sold or Leased to Public or Private Entities|Section 1509.009. Imposition of Tax

Sec. 1509.009.  IMPOSITION OF TAX.  (a)  The governing body of a municipality may annually impose ad valorem taxes to pay the principal of and interest on bonds issued under this subchapter that are payable in whole or in part from ad valorem taxes only if the taxes are approved at an election held under Section 1509.005.(b)  A municipality may not impose ad valorem taxes to pay the principal of or interest on bonds issued under this subchapter payable wholly from revenue from one or more leases or other contracts made under this subchapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|