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Texas Government Code - GOV'T § 1473.143. Rents and Rates for Services

Current as of January 01, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1473.143. Rents and Rates for Services - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1473-143/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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