Sec. 1477.003.  BOND PAYMENTS FROM REVENUE OR TAXES.  The commissioners court may provide for payment of the principal of and interest on bonds issued under this subchapter by:
(1)  pledging all or part of the revenue from a lease of all or part of the real property, building, or other facility financed by the bonds, after deduction of reasonable operation and maintenance costs;
(2)  imposing an annual ad valorem tax;  or
(3)  combining those sources.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.