Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 10. PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES |
Subtitle B. COUNTY PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES |
Chapter 325. SPORTS FACILITY DISTRICT ESTABLISHED BY COUNTY |
Subchapter D. DISTRICT FINANCES |
Sec. 325.069. REPAYMENT OF ORGANIZATIONAL EXPENSES
Latest version.
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(a) The board may pay all costs and expenses necessarily incurred in the creation and organization of the district, legal fees, and other incidental expenses and may reimburse any person for money advanced for those purposes.
(b) Payments may be made from money obtained from the sale of bonds first issued by the district or other revenues of the district.
Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.