§ 36.053 CITY POWERS AND DUTIES AS TO REVENUE BONDS OR CERTIFICATES.
   The city may, in addition to the other powers conferred, insert provisions in any ordinance authorizing the issuance of revenue bonds or certificates, which shall be a part of the contract with the holders of the revenue bonds or certificates, as to the following.
   (A)   Limitations on the purpose to which the proceeds of sale of any issue of revenue bonds may be applied.
   (B)   Limitations on the issuance and on the lien of additional revenue bonds, or additional notes, bonds, or other obligations to finance the improving of the enterprise which are secured by or payable from the revenue of the enterprise.
   (C)   Limitations on the right of the municipality or its governing body to restrict and regulate the use of the enterprise.
   (D)   Pledging all or any part of the revenues of the enterprise to which its right then exists or the right to which may thereafter come into existence.
   (E)   The vesting in a trustee the right to enforce any covenants made to secure, to pay, or in relation to the revenue bonds, as to the powers and duties of the trustee and the limitation of liabilities thereof, and as to the terms and conditions upon which the holders of the revenue bonds, or any proportion or percentage of them, may enforce any covenants made under this division or duties imposed hereby.
   (F)   The execution of all instruments necessary or convenient in the exercise of the powers granted by this division or in the performance of the duties of the municipality and the officers, agents, and employees thereof.
   (G)   The purchase out of any funds available therefor, including but not limited to the proceeds of revenue bonds, of any outstanding notes, bonds, or obligations, including but not limited to revenue bonds, and the price at which and the manner in which the purchases may be made.
   (H)   Any other acts and things as may be necessary or convenient or desirable in order to secure the revenue bonds, or as may tend to make the revenue bonds more marketable.
   (I)   The manner of collecting the fees, tolls, rates, rentals, or other charges for the services, facilities, or commodities of the enterprise, and the combining in one bill of the fees, tolls, rates, rentals, or other charges for the services, facilities, or commodities of the enterprise with the fees, tolls, rates, rentals, or charges for other services, facilities, or commodities afforded by the municipality.
   (J)   The discontinuance of the services, facilities, or commodities of the enterprise as well as any other service, facilities, or commodities afforded by the municipality, in the event that the fees, tolls, rates, rentals, or other charges for the services, facilities, or commodities of the enterprise are not paid.
(Special Acts, Ch. 57-1754, § 178; Ch. 61-2711, § 6; Ch. 63-1826, § 18) ('58 Code, § 45.116)