Texas § 1477.104 AUTHORITY TO ISSUE BONDS.

Texas Statutes

§ 1477.104 — AUTHORITY TO ISSUE BONDS.

Texas § 1477.104

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 1477.104 (2026).

Text

Sec. 1477.104. AUTHORITY TO ISSUE BONDS. To pay the cost of purchasing or constructing a natural gas system under this subchapter, the county may issue bonds payable from and secured by a pledge of the net revenue of the system. The cost of the system may include:

(1)legal, fiscal, and engineering expenses;

(2)interest that accrues during the construction of the system; and

(3)the cost of supplying gas under Section 1477.119 , including any increase in the cost of distribution lines or facilities.

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Sec. 1477.104. AUTHORITY TO ISSUE BONDS. To pay the cost of purchasing or constructing a natural gas system under this subchapter, the county may issue bonds payable from and secured by a pledge of the net revenue of the system. The cost of the system may include:
(1) legal, fiscal, and engineering expenses;
(2) interest that accrues during the construction of the system; and
(3) the cost of supplying gas under Section 1477.119 , including any increase in the cost of distribution lines or facilities.