The board may issue and sell general obligation bonds authorized by an election in the name and on the faith and credit of the district to:

1. (1) purchase, construct, acquire, repair, or renovate buildings or improvements;
2. (2) equip buildings or improvements for hospital purposes; or
3. (3) acquire and operate a mobile emergency medical or air ambulance service.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.