(a) The district may use any of its resources, including revenue, assessments, taxes, and grant or contract proceeds, to pay the cost of acquiring and operating a public transit system or public parking facilities.
(b) The district may set and impose fees, charges, or tolls for the use of the public transit system or the public parking facilities and may issue bonds or notes to finance the cost of these facilities.

Terms Used In Texas Special District Local Laws Code 3859.154

  • Contract: A legal written agreement that becomes binding when signed.
  • Property: means real and personal property. See Texas Government Code 311.005

(c) Except as provided by § 3859.151, if the district pays for or finances the cost of acquiring or operating a public transit system or public parking facilities with resources other than assessments, a petition of property owners or a public hearing is not required.