reglab/housing_qa huggingface dataset:
TX Govt Code § 1505.111 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter C. Obligations for Toll Bridges and Other Facilities in Certain Coastal Municipalities|Section 1505.111. Execution of Indenture or Deed of Trust

Sec. 1505.111.  EXECUTION OF INDENTURE OR DEED OF TRUST.  (a)  Before an obligation issued under this subchapter is offered for sale, the mayor and the municipal treasurer or finance commissioner, if authorized by an ordinance adopted by the governing body of the municipality, may execute an indenture or deed of trust that:(1)  makes effective the mortgage lien on any property pledged to secure payment of the principal of and interest on the obligation;  and(2)  names a bank or banking institution with trust powers.(b)  The indenture or deed of trust may provide for a grant to a purchaser, under sale or foreclosure, of a franchise to operate the encumbered property for a term not to exceed 20 years from the date of purchase, subject to Subsection (c) and to all laws regulating the same then in force.(c)  The municipality may, at any five-year period within the 20-year term, repurchase the property designated in the franchise under reasonable terms and at a reasonable price, as stated in the encumbrance.  This subsection does not apply to any land or property in a reclaimed area that is acquired from the municipality by an individual purchaser.(d)  The indenture or deed of trust shall be recorded in the deed of trust and mortgage records of each county in which any of the indentured property is located.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.112 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter C. Obligations for Toll Bridges and Other Facilities in Certain Coastal Municipalities|Section 1505.112. Authority to Remove or Demolish Bridge or Tunnel

Sec. 1505.112.  AUTHORITY TO REMOVE OR DEMOLISH BRIDGE OR TUNNEL.  The governing body of a municipality may remove or demolish any structure owned and operated by the municipality, including a bridge or tunnel, if the removal or demolition is necessary to complete a project.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.113 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter C. Obligations for Toll Bridges and Other Facilities in Certain Coastal Municipalities|Section 1505.113. Conversion of Bridge or Tunnel to Toll Bridge or Tunnel

Sec. 1505.113.  CONVERSION OF BRIDGE OR TUNNEL TO TOLL BRIDGE OR TUNNEL.  (a)  The governing body of a municipality by ordinance may convert a bridge or tunnel to a toll bridge or tunnel if:(1)  the bridge or tunnel is owned or operated by the municipality;  and(2)  the governing body finds that it is not necessary or practicable to construct a toll bridge or tunnel under this subchapter.(b)  The governing body, if authorized at the election ordered by the governing body on the issuance of the obligations:(1)  may set and collect tolls for the use of the toll bridge or tunnel in amounts determined by the governing body to be reasonable and sufficient, when combined with other revenue and income from a project, to pay the principal of and interest on obligations issued under this subchapter as they mature;  and(2)  shall deposit money received under Subdivision (1) to the credit of the interest and sinking fund account and shall use the money only to pay the principal of and interest on the obligations.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.114 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter C. Obligations for Toll Bridges and Other Facilities in Certain Coastal Municipalities|Section 1505.114. Eminent Domain

Sec. 1505.114.  EMINENT DOMAIN.  (a)  A municipality may exercise the power of eminent domain to acquire the fee simple title to, an easement in, or a right-of-way over or through any property, including water or land under water, that the governing body of the municipality determines necessary to accomplish a purpose provided by Section 1505.103 without regard to whether the property is inside or outside the municipality.(b)  A municipality may not condemn property under Subsection (a) if the property is used for cemetery purposes.(c)  A municipality shall pay adequate compensation to the owner of property that is taken, damaged, or destroyed in the accomplishment of a purpose provided by Section 1505.103.(d)  A municipality shall pay compensation and damages adjudicated in a condemnation proceeding or damage to the property of a person or corporation in the accomplishment of a purpose provided by Section 1505.103 from the proceeds of obligations issued under this subchapter.(e)  Chapter 21, Property Code, governs the procedure for the exercise of the power of eminent domain under this section.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.115 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter C. Obligations for Toll Bridges and Other Facilities in Certain Coastal Municipalities|Section 1505.115. Commissioners of Navigation District

Sec. 1505.115.  COMMISSIONERS OF NAVIGATION DISTRICT.  (a)  A municipality may not construct, maintain, or operate a toll bridge or tunnel over, across, or under an entrance channel to a deepwater port operated by a navigation district without a permit issued by the commissioners of the district.  Plans and specifications for the bridge or tunnel must be jointly approved by the commissioners and the governing body of the municipality.(b)  If a toll bridge or tunnel over, across, or under the entrance channel to the port is constructed, maintained, or operated under this subchapter, the commissioners of the navigation district:(1)  may prescribe reasonable rules for the operation of the bridge or tunnel in aid of navigation;(2)  shall exercise direct control over the maintenance and operation of the mechanical facilities of the bridge or tunnel that provide clearance of the channel for vessels to enter or leave the port;  and(3)  may employ and direct all agencies in the management and operation of those facilities.(c)  The municipality shall bear the cost of maintaining and operating the facilities described by Subsection (b)(2).(d)  A municipality may not construct, maintain, or operate a toll bridge over or across, or a tunnel under, an entrance channel to a deepwater port operated by a navigation district except as provided by this section.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.151 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.151. Applicability of Subchapter

Sec. 1505.151.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies only to a municipality:(1)  that has a population of more than 1,000;(2)  that is located within five miles of the coast or of any gulf, bay, or inlet of the coast;  and(3)  in which commercial fishing and shrimping is an established industry.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.152 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.152. Authority to Acquire or Construct Fish Market

Sec. 1505.152.  AUTHORITY TO ACQUIRE OR CONSTRUCT FISH MARKET.  (a)  A municipality may:(1)  acquire or construct a municipal fish market to encourage, develop, and standardize the fishing and shrimping industry;  and(2)  acquire any real property necessary for the site of the fish market.(b)  The fish market must provide sanitary facilities and equipment for cleaning, packing, shucking, canning, and cold storage of shrimp, oysters, and other seafood.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.153 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.153. Authority to Issue Obligations

Sec. 1505.153.  AUTHORITY TO ISSUE OBLIGATIONS.  A municipality may issue bonds or revenue notes to acquire or construct a municipal fish market.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.154 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.154. Authority to Accept Loans and Grants From United States

Sec. 1505.154.  AUTHORITY TO ACCEPT LOANS AND GRANTS FROM UNITED STATES.  (a)  A municipality may accept a loan or a grant from the United States to acquire or construct a municipal fish market, including the necessary real property on which it is located, only if the acquisition or construction of the market is approved:(1)  by the Texas Department of Health on a determination that the market is conducive to the health of the people of this state who consume food products from the coastal waters of this state;  and(2)  by the Parks and Wildlife Department on a determination that:(A)  the market is feasible and of economic importance to the fishing industry generally in the entire district to be served by the market, as distinguished from the local or civic benefits to be derived from the market by the municipality;  and(B)  the economic need for the market is not adequately met by a similar existing facility accessible to the district to be served.(b)  Any such market is subject to all applicable health and sanitation rules adopted by the Texas Department of Health.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.155 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.155. Security for Payment of Obligations

Sec. 1505.155.  SECURITY FOR PAYMENT OF OBLIGATIONS.  (a)  A municipality may secure the payment of an obligation issued under this subchapter by:(1)  mortgaging the physical property acquired or constructed or to be acquired or constructed and pledging the net revenue derived from the property;  or(2)  pledging the net revenue derived from the property without a mortgage on the property.(b)  A municipality that mortgages the property may provide in the encumbrance for a grant, to a purchaser under sale or foreclosure, of a permit to operate the fish market, subject to all laws then in force regulating the operation of such an industry.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.156 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.156. Obligations Not Payable From Taxes

Sec. 1505.156.  OBLIGATIONS NOT PAYABLE FROM TAXES.  (a)  An obligation issued under this subchapter:(1)  is not a debt of the municipality;(2)  may be a charge only against the revenue or property pledged for the payment of the obligation;  and(3)  may not be included in determining the power of the municipality to issue bonds for any purpose authorized by law.(b)  Each obligation issued under this subchapter must contain the following provision:  "The holder of this obligation is not entitled to demand payment of this obligation from any money raised by taxation."|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.157 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.157. Maturity

Sec. 1505.157.  MATURITY.  An obligation 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 § 1505.158 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.158. Operating Expenses as First Lien

Sec. 1505.158.  OPERATING EXPENSES AS FIRST LIEN.  The expenses of operating and maintaining a fish market acquired or constructed under this subchapter, including all salaries, labor, materials, and repairs necessary to permit the market to provide efficient service, are a first lien on the revenue from the operation of the market.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.159 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.159. Use of Revenue

Sec. 1505.159.  USE OF REVENUE.  Except as provided by Section 1505.160, a municipality may only use the gross revenue of a fish market acquired or constructed under this subchapter:(1)  to pay the expenses of operating and maintaining the market;(2)  after payment of operating and maintenance expenses, to pay the principal of and interest on any obligation issued to acquire or construct the market;  and(3)  after payment of operating and maintenance expenses and debt service, to:(A)  redeem any obligation issued to acquire or construct the market before maturity;  or(B)  invest in any security specified in a contract under which money for the acquisition or construction of the market is provided to the municipality.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.160 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.160. Subordinate Obligations

Sec. 1505.160.  SUBORDINATE OBLIGATIONS.  (a)  If the governing body of a municipality considers it necessary to extend or enlarge the fish market, the governing body may:(1)  issue subordinate bonds or notes;  and(2)  pledge the revenue of the fish market to the payment of those bonds or notes.(b)  A pledge of the revenue for subordinate bonds or notes is inferior to any prior pledge.(c)  The municipality shall establish, deposit, and secure the funds to facilitate the payment of the principal of and interest on the bonds or notes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.161 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter D. Obligations for Fish Markets by Certain Coastal Municipalities|Section 1505.161. Lease and Sale of Facilities

Sec. 1505.161.  LEASE AND SALE OF FACILITIES.  Subject to any prior covenant or agreement relating to an outstanding revenue bond issued to acquire or construct a fish market under this subchapter, the governing body of a municipality may:(1)  lease all or part of the facilities of the market and property associated with the market for a period not longer than 20 years to any person, firm, or corporation;  and(2)  sell all or part of the facilities of the market and property associated with the market to any person, firm, or corporation.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.201 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter E. Bonds for Harbor Improvements and Facilities in Coastal Municipalities With Population of Less Than 12,000|Section 1505.201. Applicability of Subchapter

Sec. 1505.201.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies only to a municipality that:(1)  has a population of less than 12,000;  and(2)  is located on the Gulf of Mexico or a channel, canal, bay, or inlet connected with that gulf.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.202 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter E. Bonds for Harbor Improvements and Facilities in Coastal Municipalities With Population of Less Than 12,000|Section 1505.202. Definitions

Sec. 1505.202.  DEFINITIONS.  In this subchapter:(1)  "Bond authorization" means an ordinance or resolution authorizing the issuance of bonds.(2)  "Harbor improvement or facility" means a harbor, port, or navigational facility described by Section 1505.203.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.203 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter E. Bonds for Harbor Improvements and Facilities in Coastal Municipalities With Population of Less Than 12,000|Section 1505.203. Authority to Issue Revenue Bonds

Sec. 1505.203.  AUTHORITY TO ISSUE REVENUE BONDS.  (a)  A municipality may issue revenue bonds to construct, acquire, lease, improve, enlarge, extend, repair, maintain, replace, develop, operate, regulate, or encumber a harbor or port of the municipality or a navigational facility that pertains or is an aid to the harbor or port, including:(1)  land or fill;(2)  a boathouse or boat piling;(3)  a seawall, breakwater, or shore protection;(4)  a wharf, dock, or pier;(5)  a walk or way;(6)  a wall or bulkhead;(7)  a canal, channel, slip, pool, waterway, or turning basin;(8)  a dry dock, service facility, floating plant, loading device, lightering facility, bunkering facility, or towing facility;(9)  a bridge, tube, underpass, tunnel, or ferry;(10)  equipment;(11)  a pavilion, building, warehouse, or structure;(12)  an aid to navigation;  and(13)  any other facility, improvement, or aid incident to or necessary or desirable in connection with the harbor or port.(b)  This subchapter does not authorize a municipality to issue bonds that are payable from taxes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.204 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter E. Bonds for Harbor Improvements and Facilities in Coastal Municipalities With Population of Less Than 12,000|Section 1505.204. Authority to Accept Loans and Grants

Sec. 1505.204.  AUTHORITY TO ACCEPT LOANS AND GRANTS.  For a purpose described by Section 1505.203, a municipality may accept a loan or grant from any source, including:(1)  the United States, a state, or a county;  and(2)  an agency of a state or county.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.205 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter E. Bonds for Harbor Improvements and Facilities in Coastal Municipalities With Population of Less Than 12,000|Section 1505.205. Location of Harbor Improvement or Facility

Sec. 1505.205.  LOCATION OF HARBOR IMPROVEMENT OR FACILITY.  A harbor improvement or facility financed by bonds or a loan or grant authorized under this subchapter must be located inside municipal boundaries.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1505.206 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle J - Specific Authority for Municipalities to Issue Securities|Chapter 1505 - Obligations for Coastal Municipalities for Coastal Matters|Subchapter E. Bonds for Harbor Improvements and Facilities in Coastal Municipalities With Population of Less Than 12,000|Section 1505.206. Pledge of Revenue

Sec. 1505.206.  PLEDGE OF REVENUE.  (a)  In this section, "net revenue" means the gross revenue derived from a harbor improvement or facility less the amount necessary to pay the cost of maintaining and operating the harbor improvement or facility.(b)  A bond issued under this subchapter is payable from revenue pledged by the governing body of the municipality to the payment of the bond.(c)  To secure payment of principal of and interest on bonds issued under this subchapter, the governing body of the municipality may pledge:(1)  the gross or net revenue of:(A)  a harbor improvement or facility to be financed by the bonds;  or(B)  a harbor improvement or facility in existence before the issuance of the bonds, if that revenue may be pledged;(2)  unless the bond authorization specifies a different amount, the entire amount of revenue due the municipality under a contract in existence before the issuance of the bonds or to be entered into after the issuance, if that revenue may be pledged;  or(3)  any other revenue specified by the bond authorization that may be pledged.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|