Sec. 351.150.  MANNER OF REPAYMENT OF BONDS.  The board may provide for the payment of the principal of and interest on the bonds:
(1)  from the levy and collection of ad valorem taxes on all taxable property within the district;
(2)  by pledging all or any part of the designated revenues of the district; or
(3)  from a combination of the sources listed in Subdivisions (1) and (2).
Added by Acts 1989, 71st Leg., ch. 1, Sec. 74(a), eff. Aug. 28, 1989.