Tex. Government Code § 1432.012
CHARGES
Texas · Texas Government Code · Status: effective
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- Citation
- Tex. Government Code § 1432.012, CHARGES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660576
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Full text
(a) The governing body of a local government may impose and collect charges for the use or availability of a facility authorized by this chapter.
(b) A local government shall impose and collect pledged charges in an amount that will be at least sufficient, with any other pledged resources, to provide for the payment of:
(1) the principal of, interest on, and any other amounts required in connection with the bonds; and
(2) to the extent required by the bond authorization:
(A) expenses incurred in connection with the bonds; and
(B) operation, maintenance, and other expenses incurred in connection with the facility.