SB 5403-S - DIGEST
(AS OF SENATE 2ND READING 3/07/17)

Authorizes a ferry district to: (1) Construct, purchase, operate, and maintain any type of ferry; and

(2) Incur general indebtedness, and issue general obligation bonds, to finance the construction, purchase, and preservation of any type of ferry.

Authorizes the ad valorem taxes levied by the governing body of a ferry district to be used for providing shuttle services between the ferry terminal and passenger parking facilities, and other landside improvements directly related to the provision of any type of ferry service.