Tex. Gov't Code § 1508.109 · Subchapter C. OBLIGATIONS FOR HEALTH AND RECREATIONAL FACILITIES IN MUNICIPALITIES WITH POPULATION OF 5,000 OR MORE
RENTS AND CONCESSION CHARGES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body that manages and controls a project under Section 1508.111 shall impose and collect rents and concession charges for the use of the project in an amount sufficient to pay:
(1) all operating and maintenance expenses, depreciation, replacements, salaries, and interest charges;
(2) for an interest and sinking fund sufficient to pay any bonds issued to purchase, construct, maintain, or improve the project; and
(3) any outstanding debt against the project.
(b) The governing body may not allow any free use of or free service in connection with the project.
(c) The charges imposed under Subsection (a) must comply with the requirements of any governmental agency lending or providing funds for the project.
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.1508.htm
- Text hash
- sha256 79d9cbaa90b1d342fe3b6fa17a34cafeefe08442f6a52636ef92126111703525
- 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
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