Sec. 1473.007. OPERATING AND LEASING CHARGES. (a) The commissioners court shall:
(1) establish fees related to the operation of the library building; and
(2) charge rent for the lease of space in the library building.
(b) The court shall establish the fees and rents in amounts to provide revenue sufficient to pay all expenses related to the ownership and operation of the library building, including:
(1) payment of the principal of and interest on bonds issued under this subchapter; and
(2) the creation and maintenance of any required bond reserve fund.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1473 - Obligations for County Buildings
Subchapter A. Bonds for Public Libraries
Section 1473.001. Authority to Issue Public Library Bonds
Section 1473.002. Pledge of Revenue
Section 1473.003. Bonds Not Payable From Taxes
Section 1473.004. Contents of Order Authorizing Bonds
Section 1473.005. Adoption and Execution of Documents
Section 1473.007. Operating and Leasing Charges