Tex. Local Government Code § 281.076

This is the official text of Tex. Local Government Code § 281.076, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.

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§ 281.076. BOND PROCEEDS.

Official statutory text

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.

Status: in_force · Read it on the official government site

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