Government Code § 1473.272
The commissioners court may set aside bond proceeds for bond interest and expected operating expenses, but cannot set aside more than the amount needed for the construction period and the first two years of operation, minus any earnings during that time.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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bond proceeds interest payments operating expenses
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Government Code § 1473.272
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