Tex. Local Government Code § 101.005
This is the official text of Tex. Local Government Code § 101.005, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 101.005. DEBT PAYMENTS; IMPROVEMENTS.
Official statutory text
(a) The governing body of the municipality may appropriate municipal revenues to:
(1) retire and discharge the accrued indebtedness of the municipality;
(2) improve public markets and streets; or
(3) erect and operate municipal hospitals, a city hall, waterworks, or other municipal buildings and facilities.
(b) The governing body may appropriate municipal revenues under this section in amounts and under conditions that it considers appropriate.
(c) In order to fulfill its functions under this section, the governing body may borrow money based on the credit of the municipality.
(1) retire and discharge the accrued indebtedness of the municipality;
(2) improve public markets and streets; or
(3) erect and operate municipal hospitals, a city hall, waterworks, or other municipal buildings and facilities.
(b) The governing body may appropriate municipal revenues under this section in amounts and under conditions that it considers appropriate.
(c) In order to fulfill its functions under this section, the governing body may borrow money based on the credit of the municipality.
Status: in_force · Read it on the official government site
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