Sec. 281.076. BOND PROCEEDS. The board may appropriate or set aside from the proceeds from the sale of bonds an amount for the payment of interest, administrative and operating expenses expected to accrue during the period of construction as provided in the bond resolutions, and expenses incurred and that will be incurred in the issuance, sale, and delivery of the bonds.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 9 - Public Buildings and Grounds
Subtitle A - Municipal Public Buildings and Grounds
Chapter 281 - Municipal Civic Center Authorities
Section 281.071. Issuance of Bonds
Section 281.072. Additional Security
Section 281.073. Bond Provisions
Section 281.074. Sale of Bonds
Section 281.075. Approval; Registration
Section 281.076. Bond Proceeds
Section 281.077. Refund of Bonds