Sec. 1473.142. USE OF BOND PROCEEDS    


Latest version.
  • The commissioners court may set aside from the bond proceeds:

    (1) money to pay interest on the bonds; and

    (2) money in the amount the commissioners court estimates to be required for operating expenses until the parking facility becomes sufficiently operational.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.