78th Texas Legislature, Regular Session, Senate Bill 821, Chapter 99 Page: 3 of 4
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S.B. No. 821
1 acquisition or construction of a project or facility to be provided
2 through the bonds;
3 (3) operation and maintenance costs of a project or
4 facility to be provided through the bonds during an estimated
5 period of acquisition or construction and for one year after the
6 project or facility is acquired or constructed;
7 (4) costs related to the financing of the bond funds,
8 including debt service reserve and contingency funds;
9 (5) costs related to the-issuance of the bonds;
10 (6) costs related to the acquisition of land or an
11 interest in land for a project or facility to be provided through
12 the bonds; and
13 (7) construction costs of a project or facility to be
14 provided through the bonds, including the payment of related
15 professional services and expenses.
16 (b) A "period of acquisition or construction," as that term
17 is used in Subsection (a) of this section, may not exceed five
19 SECTION 3. This Act takes effect immediately if it receives
20 a vote of two-thirds of all the members elected to each house, as
21 provided by Section 39, Article III, Texas Constitution. If this
22 Act does not receive the vote necessary for immediate effect, this
23 Act takes effect September i, 2003.
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Texas. Legislature. Senate. 78th Texas Legislature, Regular Session, Senate Bill 821, Chapter 99, legislative document, May 20, 2003; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth159561/m1/3/: accessed January 21, 2019), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.