(b) The Texas rail relocation and advancement fund is developed inside the state treasury. The fund shall be administered with the Fee to offer a method of funding the relocation and advancement of privately and publicly owned passenger and freight rail amenities with the functions of:
(d) Bonds licensed underneath this segment constitute a basic obligation of the point out. Whilst any with the bonds or curiosity within the bonds is superb and unpaid, There is certainly appropriated from the very first income coming in to the treasury in each fiscal calendar year, not if not appropriated by this constitution, the amount adequate to pay for the principal of and desire within the bonds that experienced or come to be because of in the course of the fiscal 12 months, considerably less any quantities inside the desire and sinking accounts at the shut with the preceding fiscal yr that happen to be pledged to payment of your bonds or fascination. (Additional Nov. seven, 1989.)
(f) Together with the dedication of specified sources or quantities of revenue, taxes, or money as supplied by Subsection (d) of the segment, the legislature might by law authorize the commission to ensure the payment of any obligations and credit history agreements issued and executed with the Fee beneath the authority of the area by pledging the full faith and credit from the condition to that payment if devoted revenue is inadequate for that purpose. If that authority is granted and is particularly executed because of the Fee, when any of your bonds, notes, other obligations, or credit agreements are excellent and unpaid, and for just about any fiscal yr for the duration of which the committed income, taxes, and cash are inadequate for making all payments when owing, There exists appropriated, and there shall be deposited during the fund, outside of the first revenue coming into the point out treasury in Each individual fiscal 12 months that isn't otherwise appropriated by this constitution, an sum adequate to pay the principal of and fascination about the obligations and agreements that come to be owing all through that league city land for sale fiscal yr, minus any total during the fund that is available for that payment in accordance with relevant legislation.
(b) The bonds shall be executed in the form, about the phrases, and from the denominations, bear desire, and become issued in installments as prescribed from the Texas Better Instruction Coordinating Board or its successor or successors.
(file) At Each individual typical Check This Out election for state and county officers pursuing a proposed change in salary, the voters shall approve or disapprove the salary suggested because of the commission if the Fee endorses a modify in wage.
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The Committee of The full shall elect amongst its members to carry out the duties with the Lieutenant Governor Together with the member's responsibilities as Senator until eventually the subsequent normal election. Should the Senator so elected ceases to generally be a Senator ahead of the election of a different Lieutenant Governor, A different Senator shall be elected in a similar way to complete the duties of the Lieutenant Governor until the subsequent standard election. Until finally the Committee of the Whole elects amongst its customers for this objective, the President Professional tempore shall complete the duties with the Lieutenant Governor as provided by this subsection.
Oh and that time waiting to ship this deal was amazing that has a fussy 1year aged that wanted to Visit the park... And after we ultimately obtained on the park it absolutely was raining... Magnificent
The knowledge furnished is solely for customers’ individual, non-commercial use, and may not be used for any intent in addition to to detect league city land for sale possible Homes shoppers could be interested in paying for. Facts is deemed dependable although not certain.
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(5) cash gained Through indemnity or forfeiture for your failure of a bidder for the purchase of bonds to adjust to the bid and take and buy the bonds;
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