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Form a Business

SALE OF CAPITAL ASSETS.

El Paso City Charter, art. VII, § 7.6
in effect
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Section 7.6 - SALE OF CAPITAL ASSETS. The proceeds from the sale of capital assets may not be used for recurring operational expenses. These proceeds shall be invested in accordance with the laws of Texas, until used for the purchase of other capital assets or to retire bonded debt.
Source: City of El Paso, City Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tx/el_paso/codes/code_of_ordinances?nodeId=CH_ARTVIIPUFI_S7.6SACAASFetched: 10/28/2026

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7.6 | Corpus