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§ 367.065 — Texas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Texas/
  4. Transportation Code - Title 1 - General Provisions/
  5. Title 6 - Roadways/
  6. Subtitle G - Turnpikes and Toll Projects/
  7. Chapter 367 - Municipal Toll Bridges Over Rio Grandesub/
  8. Subchapter B - Acquiring Existing Bridge; Building Replacement or Additional Bridge/
  9. § 367.065
Texas Legal Code

§ 367.065

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(a) A municipality that has acquired a toll bridge under this subchapter may issue and deliver revenue bonds or revenue time warrants:(1) to repair, improve, alter, reconstruct, or replace the bridge;(2) to build an additional bridge; or(3) for one or more of those purposes.(b) The municipality shall issue the bonds or warrants:(1) in the manner prescribed by this subchapter; and(2) subject to any restriction in an ordinance authorizing or a deed of indenture securing the original or a subsequent issue of toll bridge bonds or warrants. Added by Acts 1999, 76th Leg., ch. 227, Sec. 25, eff. Sept. 1, 1999.