Sec. 285.029. CHANGE FOR DISTRICT SERVICES. The hospital district shall charge sufficient rentals or rates for services rendered by the parking station to produce revenues sufficient to:
(1) pay all expenses of owning, operating, and maintaining the parking station;
(2) pay the principal of and interest on the bonds when due; and
(3) create and maintain a bond reserve fund and other funds as provided by the bond order or trust indenture.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 285 - Special Provisions Relating to Hospital Districts
Subchapter B. Parking Stations Near Hospitals in Counties of at Least 1.5 Million
Section 285.022. Authority to Construct, Improve, Operate, and Lease Parking Station
Section 285.023. Authority to Issue Revenue Bonds; Security
Section 285.024. Form and Execution of Bonds
Section 285.026. Approval and Registration of Bonds
Section 285.028. Use of Proceeds; Initial Costs