{"data":{"id":"us-tx/tex.-government-code-1473.272","jurisdiction":"us-tx","citation":"Tex. Government Code § 1473.272","heading":"USE OF BOND PROCEEDS.","body":"(a) The commissioners court may set aside from the bond proceeds:\n(1) money to pay interest on the bonds; and\n(2) money in the amount the commissioners court estimates to be required for operating expenses until the parking facility becomes sufficiently operational.\n(b) The commissioners court may not set aside money under this section in an amount that exceeds the amount of money necessary to cover interest and operating expenses for the estimated period of construction and the first two years of operation, less any earnings during that time.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES","CHAPTER 1473. OBLIGATIONS FOR COUNTY BUILDINGS","SUBCHAPTER I. BONDS FOR AUDITORIUM OR COLISEUM PARKING FACILITIES IN COUNTIES WITH POPULATION OF MORE THAN ONE MILLION"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1473.htm#1473.272","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"ff2114b6c16c417d7f21687dfc53891aa682a182372ce9b9973a85a4648c01d2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1473.271","next":"us-tx/tex.-government-code-1473.273"},"notice":"GroundRules: Original legal text. Not legal advice."}