Texas § 284.069 TOLLS AND CHARGES.

Texas Statutes

§ 284.069 — TOLLS AND CHARGES.

Texas § 284.069

Code TNTransportation Code

This text of Texas § 284.069 (TOLLS AND CHARGES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 284.069 (2026).

Text

Sec. 284.069. TOLLS AND CHARGES. If bonds under this chapter are payable in whole or in part from project revenue, the county shall impose tolls and charges that are, together with other money or revenues available for the project, including ad valorem tax, sufficient to:

(1)pay the maintenance and operating expenses of the project;

(2)pay the principal of, premium of, if any, and interest on the bonds when due;

(3)establish a reserve for payment of bond principal, premium, and interest; and

(4)establish an adequate fund for project depreciation and replacement.

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Sec. 284.069. TOLLS AND CHARGES. If bonds under this chapter are payable in whole or in part from project revenue, the county shall impose tolls and charges that are, together with other money or revenues available for the project, including ad valorem tax, sufficient to:
(1) pay the maintenance and operating expenses of the project;
(2) pay the principal of, premium of, if any, and interest on the bonds when due;
(3) establish a reserve for payment of bond principal, premium, and interest; and
(4) establish an adequate fund for project depreciation and replacement.