Texas Special District Local Laws Code 3883.154 – Financing of Public Transit System or Parking Facilities
Current as of: 2024 | Check for updates
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(a) The district may use any of its resources, including revenue, assessments, taxes, or grant or contract proceeds, to pay the cost of acquiring or operating a public transit system or public parking facilities.
(b) The district may:
(1) set, charge, impose, and collect fees, charges, or tolls for the use of the district’s public transit system or parking facilities; and
(2) issue bonds or notes to finance the cost of the district’s public transit system or parking facilities.
Terms Used In Texas Special District Local Laws Code 3883.154
- Contract: A legal written agreement that becomes binding when signed.