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To be known as the Hospital Project Financing Act; relating to the promotion and development of new and expanded health facilities for the providing of medical care, public health, and medical research, including training and teaching, by cities, counties, hospital districts, hospital authorities, and other public health authorities of the State of Texas; authorizing such entities to provide or cause to be provided certian properties, to enter into leases or toehr contracts with repsect ot such properites with non-profit corporations, to issue revenue bonds, notes, or ohter evidences of indebtedness, and to refund outstanding obligations; providing the procedures to be followed in making certain findings with respect to the need for such facilities; providing for notice and elections in connection with the issuance of such bonds and notes under certain circumstances; prohibiting election or issuance of bonds or notes within certain time after defeat of proposition for issuance; prescribing prerequisites and procedures for issuance and the terms of such bonds or notes; providing permissible security for such bonds or notes; prohibiting use of money of the state or any political subdivision or agency of the state except revenue from the hospital project for payment on bonds and notes; making provisions in the event of default in payment of such bonds or notes or in the event of violation of an agreement in a mortgage; providing that such bonds or notes shall be special obligations of the issuer; authorizing the refunding of such bonds or notes; providing for the issuance of interim receipts or temporary bonds or notes; providing for the approval of such bonds or notes and leases or other contracts by the attorney general; making such bonds or notes and leases and other contracts incontestable; providing that such bonds or notes shall be legal investments if eligible for investment under other state and federal laws, and shall be eligible security to secure public deposits; providing that the method of selecting and the term of office of the governing body of an authority shall not be prescribed in any agreement relating to such bonds or notes; providing for tax exemption of bonds, income hterefrom, or transfer thereof; providing that such bonds or notes shall be deemed to be a "security" under the Uniform Commercial Code and shall be exempt securities under the Texas Securities Act; prohibiting appropriation to pay for hospital projects; . . .