This law section explains what costs can be covered when bonds are issued to fund construction projects. It includes the costs of properties, rights and permissions needed for the project, as well as various professional fees like engineering, legal, and financial services. Additionally, costs from the bond process, interest during and shortly after the project, and other related expenses can also be included.

This law specifies that bonds issued for sewer projects are called 'sewer revenue bonds' and are a type of bond known as 'serials.' These bonds need to be fully paid off within 40 years from the date they are issued.

This law states that bonds other than the last installment, or one bond from each yearly installment, must be issued in amounts that are multiples of one hundred dollars. Additionally, no bond can be worth more than one thousand dollars.

This law says that bonds will have an interest rate decided by the governing body, but it can't be more than 8% per year. The interest payments, which are made twice a year, begin after the first principal is due.

This law section explains how a governing body should handle the repayment of bonds. They need to decide what the bonds look like and set a schedule for paying off the debt starting within a year. Payments, including interest, must continue until the debt is fully repaid. Also, they can choose to delay the first payment up to five years from when the bonds are issued.

This section explains that the government body in charge of bonds can choose how many bonds to pay off each year. They are allowed to adjust the payment plan to make it as fair as possible. However, the law requires that all bonds must be fully paid off within forty years of when they were issued.

In a city district, any issued bonds must be signed by the mayor, or if there's no mayor, by the president or chairman of the government body, and also countersigned by the clerk. The district's seal needs to be on the bond, while the treasurer's signature, done via engraving or lithography, is required on the coupons. If any official who signs the bonds leaves their position before the bonds are delivered, their signature still remains valid.

This law section outlines various provisions that can be included when authorizing the issuance of bonds for revenue projects. It allows for bonds to be called back under certain conditions, details where and how they are paid, outlines how bond revenues are pledged and their parity with other bonds, and sets financial ratios for annual revenues relative to bond and interest payments. It also discusses the establishment of reserve and surplus funds, the district's responsibilities, remedies available to bondholders, procedures for amending bond agreements, dealing with defaults, and standard covenants for ensuring bond payments are secure.

If the money from selling bonds isn't enough to cover the project costs, more bonds can be made and sold to cover the shortfall. However, these extra bonds cannot exceed what's needed to finish the project. These new bonds are treated just like the first ones and must be paid back in the same way, without any special treatment.

This section states that minor mistakes or omissions made by district officers during proceedings do not invalidate those proceedings or any bonds, as long as those mistakes don't affect the governing body's authority to carry out the proposed actions. If someone is affected or upset by these issues, their only option is to appeal or address it with that governing body as outlined in this chapter.

This law section allows bonds to be due after the second installment of district taxes is collected. When this happens, the interest coupons begin from when the bonds are issued until they mature.

This law states that if there is a need to determine whether bonds are valid or not, a legal action can be initiated under specific procedures outlined in another part of the legal code.

This section explains what costs can be included when a legislative body decides how much money to raise by issuing bonds for a project. They can cover all aspects related to acquiring, building, improving, or financing the project, like construction and legal fees. Additionally, costs can include expenses related to a bond election, bond reserve funds, and estimated interest during and shortly after construction.