Sec. 21.402.  BOND PAYMENT.  The board may provide for the payment of the principal of and interest on the bonds:
(1)  from the imposition of property taxes on all taxable property in the district;
(2)  by pledging all or part of the designated revenue from the ownership or operation of the district's works, improvements, and facilities; or
(3)  from a combination of the sources listed by Subdivisions (1) and (2).
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.