reglab/housing_qa huggingface dataset:
TX Transp Code § 284.011 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter A. General Provisions|Section 284.011. Transfer of Project to Department

Sec. 284.011.  TRANSFER OF PROJECT TO DEPARTMENT.  (a)  A county may transfer to the department a project under this chapter that has outstanding bonded indebtedness if the commission:(1)  agrees to the transfer; and(2)  agrees to assume the outstanding bonded indebtedness.(b)  The commission may assume the outstanding bonded indebtedness only if the assumption:(1)  is not prohibited under the terms of an existing trust agreement or indenture securing bonds or other obligations issued by the commission for another project;(2)  does not prevent the commission from complying with covenants of the commission under an existing trust agreement or indenture; and(3)  does not cause a rating agency maintaining a rating on outstanding obligations of the commission to lower the existing rating.(c)  If the commission agrees to the transfer under Subsection (a), the county shall convey the project and any real property acquired to construct or operate the project to the department.(d)  At the time of a conveyance under this section, the commission shall designate the project as part of the state highway system. After the designation, the county has no liability, responsibility, or duty to maintain or operate the project.|Added by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.50, eff. June 14, 2005.|
TX Transp Code § 284.012 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter A. General Provisions|Section 284.012. Transfer of Assets

Sec. 284.012.  TRANSFER OF ASSETS.  (a)  A county, acting through the commissioners court of the county, may submit a request to the commission for authorization to create a regional mobility authority under Chapter 370 and to transfer all projects under this chapter to the regional mobility authority if:(1)  the creation of the regional mobility authority and transfer of projects is not prohibited under the bond proceedings applicable to the projects;(2)  adequate provision has been made for the assumption by the regional mobility authority of all debts, obligations, and liabilities of the county arising out of the transferred projects; and(3)  the commissioners courts of any additional counties to be part of the regional mobility authority have approved the request.(b)  The county may submit to the commission a proposed structure for the initial board of directors of the regional mobility authority and a method for appointment to the board of directors at the creation of the regional mobility authority.  Subsequent appointments to the board of directors are subject to the requirements of Subchapter F, Chapter 370.(c)  After commission authorization, the county may transfer each of its projects under this chapter to the regional mobility authority to the extent authorized by the Texas Constitution if property and contract rights in the projects and bonds issued for the projects are not affected unfavorably.(d)  The commission shall adopt rules governing the creation of a regional mobility authority and the transfer of projects under this section.|Added by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.51, eff. June 14, 2005.|
TX Transp Code § 284.031 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.031. Bonds Authorized

Sec. 284.031.  BONDS AUTHORIZED.  (a)  A county may issue bonds for a project under this chapter that are secured:(1)  solely by the pledge of the gross or net revenues of a project;(2)  by a pledge of:(A)  an ad valorem tax under Section 9, Article VIII, Texas Constitution;  or(B)  an unlimited ad valorem tax authorized by Section 52, Article III, Texas Constitution;(3)  by designating part of the bonds to be secured solely by a pledge of project revenues and part of the bonds to be secured by pledge of the ad valorem tax;  or(4)  by a combination of methods described by Subdivisions (1) and (2) with all of the bonds supported and secured by the ad valorem tax and the duty imposed on the county to collect tolls for use of the project facilities as long as the bonds are outstanding so that, as prescribed in the bond instrument, the amount of the tax may be reduced as the project revenues become sufficient to:(A)  meet the requirements for operation and maintenance;  and(B)  provide money for the bonds.(b)  The commissioners court may secure bonds issued under this chapter through a trust indenture between the county and a corporate trustee.  The corporate trustee may be any trust company or bank that has the powers of a trust company.  The indenture may pledge or assign project tolls or revenues but may not convey or mortgage any part of the project.(c)  The bonds issued under this chapter may be authorized by bond resolution at one time or from time to time and shall mature on or before the 40th anniversary of their date.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.032 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.032. Tax Bond Election

Sec. 284.032.  TAX BOND ELECTION.  Bonds wholly or partly supported by an ad valorem tax may not be issued without an election at which the issuance of the bonds is authorized.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.033 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.033. Interim Bonds

Sec. 284.033.  INTERIM BONDS.  (a)  A county may, before issuing definitive bonds, issue interim bonds, with or without coupons, exchangeable for definitive bonds.(b)  The interim bonds may be authorized and issued in accordance with this chapter, without regard to the requirements, restrictions, or procedural provisions contained in any other law.(c)  The bond resolution authorizing interim bonds may provide that the interim bonds must recite that the bonds are issued under this chapter.  The recital is conclusive evidence of the validity and the regularity of the bonds' issuance.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.034 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.034. Bond Sale to Pay Outstanding Bonds

Sec. 284.034.  BOND SALE TO PAY OUTSTANDING BONDS.  A county acting through its commissioners court that issues bonds payable from revenues from tolls collected for the use of a project under this chapter and also payable from an unlimited tax authorized under Section 52, Article III, Texas Constitution, may authorize, under that section, and issue and sell its bonds and use the proceeds to call, redeem, and pay off its outstanding tax and revenue bonds under the terms of the bonds and make the project available for the free use of the public.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.035 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.035. Bond Approval and Registration

Sec. 284.035.  BOND APPROVAL AND REGISTRATION.  (a)  Bonds under this chapter may be presented to the attorney general for approval in the same manner as provided for approval of tax bonds issued by a county.  The attorney general's approval of the bonds has the same effect as approval of county tax bonds.(b)  The comptroller shall register in the manner other county bonds are registered bonds the attorney general approves under this section.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.036 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.036. Bonds Secured Solely by Revenue

Sec. 284.036.  BONDS SECURED SOLELY BY REVENUE.  Bonds secured solely by a pledge of project revenue:(1)  are not a debt of the county issuing the bonds but are solely a charge on project revenue;(2)  may not be considered in determining the power of the county to issue for any purpose bonds payable in whole or in part from taxes;  and(3)  must state:  "The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation."|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.037 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.037. Revenue Bond Election Not Required

Sec. 284.037.  REVENUE BOND ELECTION NOT REQUIRED.  (a)  The issuance of bonds under this chapter that are payable solely from revenues may be authorized without an election.(b)  If an election is not held, notice of intention to issue the revenue bonds must be given as provided by Section 252.041, Local Government Code.(c)  The authority to issue the revenue bonds is subject to the right of referendum provided by Section 252.045, Local Government Code.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.038 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.038. Revenue Bonds: Ad Valorem Tax for Maintenance and Operation

Sec. 284.038.  REVENUE BONDS:  AD VALOREM TAX FOR MAINTENANCE AND OPERATION.  (a)  A county issuing bonds under this chapter that are secured solely by a pledge of revenues may:(1)  by the bond resolution, authorize the payment of the principal of and premium, if any, and interest on the bonds from the gross revenues of the project;  and(2)  impose a direct continuing ad valorem tax under Section 9, Article VIII, or Section 52, Article III, Texas Constitution, and pledge the tax to pay maintenance and operating expenses of the project and to establish and maintain a reserve fund and a depreciation and replacement fund for the project, as a supplement to the pledge of revenues for those purposes or in lieu of a pledge of revenues, as provided by the bond resolution.(b)  The proceeds of a tax pledged under this section shall be used annually to the extent required by the bond resolution and for the purposes stated in Subsection (a)(2).  The county may provide in the resolution that certain or all costs listed in the resolution will be paid by the county from the proceeds of the tax.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.039 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.039. Bonds Are Securities

Sec. 284.039.  BONDS ARE SECURITIES.  The bonds issued and delivered under this chapter and interest coupons on the bonds are a security under Chapter 8, Business & Commerce Code.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.040 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.040. Effect of Lien

Sec. 284.040.  EFFECT OF LIEN.  (a)  A lien on or a pledge of revenue from a project under this chapter or on a reserve, replacement, or other fund established in connection with a bond issued under this chapter:(1)  is enforceable at the time of payment for and delivery of the bond;(2)  applies to an item on hand or subsequently received;(3)  applies without physical delivery of an item or other act;  and(4)  is enforceable against any person having any claim, in tort, contract, or other remedy, against the county without regard to whether the person has notice of the lien or pledge.(b)  A bond resolution is not required to be recorded except in the regular records of the county.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.041 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.041. Refunding Bonds

Sec. 284.041.  REFUNDING BONDS.  Subject to any restriction in a bond instrument, a refunding bond may not be delivered unless delivered in exchange for the bond authorized to be refunded or unless sold and delivered to provide money for the payment of a matured or redeemable bond maturing or redeemable within three months.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.042 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.042. Use of Bond Proceeds; Lien

Sec. 284.042.  USE OF BOND PROCEEDS;  LIEN.  (a)  The proceeds of bonds issued under this chapter:(1)  may be used only to pay the costs of the project described by Section 284.043;  and(2)  shall be disbursed under the restrictions the bond instrument provides.(b)  Project operating and maintenance costs to be paid from proceeds of bonds payable in whole or in part from project revenue may include only items expressly defined in the proceedings authorizing the bonds.(c)  Notwithstanding Subsection (a), bond proceeds that remain after the project costs are paid in full shall be used to pay interest on and retire the bonds, unless otherwise provided in the bond instrument.(d)  Unless otherwise provided in the bond instrument, if the bond proceeds are not sufficient to pay all the project costs, additional bonds may be issued up to the amount necessary to pay the remaining costs.  The additional bonds are considered to be of the same issue as the original bonds and are entitled to payment from the same fund, without preference for the bonds first issued.(e)  The bondholder or a bond trustee has a lien on the bond proceeds.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.043 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.043. Costs and Expenses

Sec. 284.043.  COSTS AND EXPENSES.  (a)  The cost of the project may include:(1)  the cost of construction;(2)  the cost of any property, appurtenance, easement, contract, franchise, or pavement used in the construction, acquisition, improvement, operation, or maintenance of the project;(3)  the cost of condemning property, including the award, court costs, and attorney's fees;(4)  all legal, fiscal, or engineering expenses incurred in the acquisition or construction of the project, the making of any preliminary survey or investigation, or the authorization and issuance of the bonds;  and(5)  payment of interest on the bonds and operating expenses on the project before and during construction and before the first anniversary after construction of the project is completed.(b)  Any preliminary expense paid from a county fund shall be repaid to the fund from the proceeds of the bonds when the proceeds are available.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.044 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.044. Depository

Sec. 284.044.  DEPOSITORY.  A bank or trust company in this state may:(1)  act as depository of bond proceeds or revenues derived from the operation of the project;  and(2)  provide indemnity bonds or pledge securities the county requires.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.045 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.045. Bonds Tax Free

Sec. 284.045.  BONDS TAX FREE.  Bonds under this chapter and the transfer of and income from the bonds, including a profit made on the sale of the bonds, are exempt from taxation in this state.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.046 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter B. Bond Provisions|Section 284.046. Bondholder Rights

Sec. 284.046.  BONDHOLDER RIGHTS.  (a)  In addition to all other rights by mandamus or other court proceeding, a holder or trustee of a bond issued under this chapter may enforce the holder's rights against the county, the county's employees, an operating board, or an agent or employee of the operating board and is entitled to:(1)  require the county and the board to impose and collect tolls and charges sufficient to carry out any agreement contained in the bond instrument;  and(2)  apply for and obtain the appointment of a receiver for the project.(b)  A bond instrument may contain provisions for the protection and enforcement of a bondholder's rights and remedies, including covenants:(1)  establishing the county's duties relating to:(A)  the acquisition of property;(B)  the construction, maintenance, operation, and repair of, and insurance for, a project;  and(C)  custody, safeguarding, and application of money;(2)  prescribing events that constitute default;(3)  prescribing terms on which any or all of the bonds become or may be declared due before maturity;  and(4)  relating to the rights, powers, liabilities, or duties that arise on the breach of a county's duty.(c)  A bond instrument may contain provisions restricting the individual rights of action of the bondholder.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 284.061 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter C. Construction and Operation|Section 284.061. Acquisition of Property

Sec. 284.061.  ACQUISITION OF PROPERTY.  (a)  To acquire property useful in connection with a project, a county may enter on any real property, water, or premises to make a survey, sounding, or examination.(b)  A county may acquire by eminent domain property to use in or useful for a project under this chapter.(c)  Except as provided by Section 284.0615, if applicable, the county is entitled to immediate possession of property subject to a condemnation proceeding brought by the county after:(1)  a tender of a bond or other security in an amount sufficient to secure the owner for damages; and(2)  the approval of the bond or security by the court.(d)  Subject to the reimbursement requirements of Section 373.102, a county has full easements and rights-of-way through, across, under, and over any property owned by this state that are necessary or convenient to construct, acquire, or efficiently operate a project under this chapter.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.  Amended by Acts 2003, 78th Leg., 3rd C.S., ch. 8, Sec. 5.05, eff. Jan. 11, 2004.Amended by: Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.52, eff. June 14, 2005.Acts 2011, 82nd Leg., R.S., Ch. 1196 (S.B. 19), Sec. 6, eff. June 17, 2011.|
TX Transp Code § 284.0615 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter C. Construction and Operation|Section 284.0615. Declaration of Taking by Certain Counties

Sec. 284.0615.  DECLARATION OF TAKING BY CERTAIN COUNTIES.  (a)  This section applies only to a county with a population of 3.3 million or more.(b)  If, in connection with a project under this chapter, the commissioners court of the county authorizes the county to proceed in the manner provided by Section 203.066:(1)  the county may file a declaration of taking and proceed in the manner provided by that section on the project; and(2)  a reference to the department in that section means the county.|Added by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.53, eff. June 14, 2005.|
TX Transp Code § 284.062 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle D - Road Laws Relating to Particular Counties|Chapter 284 - Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways in Certain Counties|Subchapter C. Construction and Operation|Section 284.062. Ferry

Sec. 284.062.  FERRY.  The commissioners court may purchase or lease a ferry property and operate the property over the route to be traversed by a project under this chapter during the period that the project is being constructed.  The cost of the purchase or lease of the ferry property may be paid from the proceeds of the bonds issued for the project.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|