Texas Local Government Code 325.082 – Manner of Repayment of Bonds
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Terms Used In Texas Local Government Code 325.082
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The board may provide for the payment of the principal of and interest on the bonds from revenues of the district, including fees and lease income.