Tex. Gov't Code § 1473.143 · Subchapter E. BONDS FOR PARKING FACILITIES
RENTS AND RATES FOR SERVICES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commissioners court shall charge rents or rates for services of the parking facility and shall use any other revenue generated by the parking facility so that the revenues of the facility are sufficient to:
(1) pay the expenses of owning, operating, and maintaining the facility;
(2) pay when due the principal of and interest on the bonds; and
(3) create and maintain a bond reserve fund and other funds as provided by the bond order or trust indenture.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1473.htm
- Text hash
- sha256 f3a6429f2330cf80e7b6502030b62edf017f8ef8918e17eb41597d6c636be2c1
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.