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Tex. Health & Safety Code § 285.028

USE OF PROCEEDS; INITIAL COSTS

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff

An amount necessary for the payment of not more than two years' interest on the bonds and an amount estimated by the commissioners court to be required for operating expenses until the parking station becomes sufficiently operative may be set aside out of the proceeds from the sale of the bonds.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.