Texas Water Code

§ 17.929 — CONSIDERATIONS IN PASSING ON APPLICATION

WA § 17.929Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 17. PUBLIC FUNDING · Art. K. ASSISTANCE TO ECONOMICALLY DISTRESSED AREAS FOR WATER SUPPLY AND SEWER SERVICE PROJECTS

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(a)In passing on an application for financial assistance, the board shall consider:

(1)the need of the economically distressed area to be served by the water supply and sewer services in relation to the need of other political subdivisions requiring financial assistance under this subchapter and the relative costs and benefits of all applications;

(2)the availability to the area to be served by the project of revenue or financial assistance from alternative sources for the payment of the cost of the proposed project;

(3)the financing of the proposed water supply and sewer project including consideration of:

(A)the budget and repayment schedule submitted under Section 17.927(b)(4);

(B)other items included in the application relating to financing; and

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Legislative history

Acts 2005, 79th Leg., Ch. 927 (H.B. 467), Sec. 8, eff. September 1, 2005. Acts 2019, 86th Leg., R.S., Ch. 1222 (S.B. 2452), Sec. 6, eff. November 5, 2019.