The board may provide for the payment of principal of and interest on the bonds and notes in any one of the following manners:
- (1) from the levy and collection of ad valorem taxes on taxable property within the district;
- (2) from fees;
- (3) by pledging all or any part of the designated revenues from the ownership or operation of the district's works, improvements, and facilities and from the sale, transportation, and distribution of water; or
- (4) from any combination of these sources.
Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995.