(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 the district’s 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 public parking facilities; and
(2) issue bonds or notes to finance the cost of the district’s public transit system or public parking facilities.

Terms Used In Texas Special District Local Laws Code 3890.154

  • Contract: A legal written agreement that becomes binding when signed.