Texas Water Code
§ 55.458 — LOAN FUND
WA § 55.458Title 4. GENERAL LAW DISTRICTS · Ch. 55. WATER IMPROVEMENT DISTRICTS · Art. K. BORROWING MONEY
Statute text
View on source(a)The board may pay or contract to pay on any bonds which it has sold or pledged, in addition to taxes, other funds derived from:
(1)water charges for use of water in the district;
(2)sale or supply of water to any city, town, municipal corporation, district, or land or user of water outside the boundaries of the district;
(3)sale of water to any commercial or industrial enterprise;
(4)sale of hydroelectric power; or
(5)any or all of these sources of revenue.
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Legislative history
Acts 1971, 62nd Leg., p. 464, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1981, 67th Leg., p. 982, ch. 367, Sec. 26, eff. June 10, 1981.