§ 13-1-7. Restrictions upon use of proceeds.

Latest version.

All proceeds derived from the operation of the airports of the City and from the property, facilities and improvements acquired or owned in connection therewith shall, as provided in V.T.C.A., Transportation Code § 22.054, be devoted exclusively to maintenance, upkeep, improvement and operation of such airports and the facilities, structures and improvements therein or acquired and owned in connection therewith, and the airport manager shall accordingly keep full books of account and records covering the proceeds received, and the respective sources thereof, and the expenditures made, and the respective projects for which incurred.

(Ord. of 3-27-1947)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');