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Texas Water Code

§ 17.855 — FINANCIAL ASSISTANCE BY ACQUISITION OF ACQUIRED OBLIGATIONS

WA § 17.855Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 17. PUBLIC FUNDING · Art. I. REVENUE BOND PROGRAM

Statute text

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(a)In an application to the board for financial assistance through the acquisition of acquired obligations, the participant shall include:
(1)the name of the participant and its principal officer or officers;
(2)a citation of the law under which the participant was created, operates, and proposes to issue its obligations to be acquired by the board;
(3)the total cost of the project;
(4)the amount of state financial assistance requested;
(5)the plan for paying the principal of and interest on its obligations to be acquired by the board;

Legislative history

Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 14, eff. September 1, 2019.