Tex. Gov't Code § 1504.107 · Subchapter C. OBLIGATIONS FOR AUDITORIUMS AND EXHIBITION FACILITIES IN MUNICIPALITIES WITH POPULATION OF MORE THAN 125,000
OPERATING EXPENSES AS FIRST LIEN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If the revenue from a building or structure described by Section 1504.102 is encumbered under this subchapter, each expense of operation and maintenance, including all salaries, labor, materials, interest, repairs and additions necessary to provide efficient service, and each proper item of expense, is a first lien against that revenue.
(b) An expense for a repair or addition is a first lien only if, in the judgment of the governing body of the municipality, the repair or addition is necessary to:
(1) keep the building or structure in operation and provide adequate service to the municipality and its residents; or
(2) respond to a physical accident or condition that would otherwise impair the original security.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1504.htm
- Text hash
- sha256 5976fb4d666933b207ead1e10db4e5d15f8e9fa2154b12aaf5bc8c0e3e31ab96
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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