Texas Water Code

§ 15.105 — CONSIDERATIONS IN PASSING ON APPLICATION

WA § 15.105Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 15. TEXAS WATER ASSISTANCE PROGRAM · Art. C. WATER LOAN ASSISTANCE PROGRAM

Statute text

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(a)In passing on an application for financial assistance from the loan fund, the board shall consider but is not limited to:

(1)the needs of the area to be served by the project and the benefit of the project to the area in relation to the needs of other areas requiring state assistance in any manner and the benefits of those projects to the other areas;

(2)the availability of revenue to the applicant from all sources for the ultimate repayment of the cost of the project, including all interest;

(3)the relationship of the project to overall statewide needs;

(4)the ability of the applicant to finance the project without state assistance;

(5)for applications for grants or loans for economically distressed areas or nonborder colonias, the regulatory efforts by the county in which the project is located to control the construction of subdivisions that lack basic utility services; and

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Legislative history

Added by Acts 1981, 67th Leg., 1st C.S., p. 102, ch. 12, Sec. 1, eff. Nov. 10, 1981. Amended by Acts 1985, 69th Leg., ch. 133, Sec. 2.04; Acts 1987, 70th Leg., ch. 1103, Sec. 5, eff. Sept. 1, 1987; Acts 1989, 71st Leg., ch. 624, Sec. 2.07, eff. Sept. 1, 1989; Acts 2001, 77th Leg., ch. 966, Sec. 4.08, eff. Sept. 1, 2001; Acts 2001, 77th Leg., ch. 1367, Sec. 11.04, eff. Sept. 1, 2001.