Section 22.036 - Payment of Interest and Expenses The department may set aside amounts from the proceeds of the sale of a bond issue for:
(1) the payment of interest anticipated to accrue during the construction period;(2) a deposit into the reserve for the interest and sinking fund to the extent prescribed in the authorizing proceedings; and(3) payment of attorney's fees, engineer's fees, and expenses of the issuance and sale of bonds, including the fees of fiscal agents or financial advisors.Tex. Parks and Wild. § 22.036
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. 9/1/1975.