CAG(LEGAL) - APPROPRIATIONS AND REVENUE SOURCES: REVENUE BONDS AND OBLIGATIONS

Revenue Bonds

Education Code 130.123(a)–(d)

Payment

Refunding or Refinancing

Education Code 130.123(f)–(g)

Revenue Obligations

  1. The proceeds of sale of other obligations.
  2. Any revenues that the issuer is authorized by any statute or constitutional provision to pledge to the payment of any obligations.
  3. Any one or more of such sources, including credit agreements, all as the governing body of an issuer shall provide in the resolution or order authorizing the issuance of the obligations.

Education Code 130.125(b)–(c); Gov't Code 1204.006

Definitions

"Credit Agreement"

"Eligible Project"

"Obligations"

"Project Costs"

Refunding

Attorney General Approval

Weatherford College

CAG(LEGAL)-LJC

UPDATE 30

DATE ISSUED: 3/3/2015