Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES |
Chapter 1473. OBLIGATIONS FOR COUNTY BUILDINGS |
Subchapter E. BONDS FOR PARKING FACILITIES |
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.