PAYING COST OF PUBLIC TRANSIT SYSTEM OR PARKING FACILITIES.
Tex. SPEC. DIST. LOCAL LAWS Code § 3805.254.
in effect(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:
(1) set and impose fees, charges, or tolls for the use of the public transit system or the public parking facilities; and
(2) issue bonds or notes to finance the cost of these facilities.
(c) Except as provided by Section 3805.251 , 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.
Added by Acts 2005, 79th Leg., Ch. 728 (H.B. 2018 ), Sec. 18.003(g), eff. September 1, 2005.
