Tex. Spec. Dist. Local Laws Code § 11007.207 · Subchapter E. BONDS
CHARGES FOR DISTRICT SERVICES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If district bonds payable wholly from revenue are issued, the board shall set and from time to time revise the rates, fees, and charges assessed for water sold and waste collection and treatment services provided by the district. The rates, fees, and charges must be sufficient to:
(1) pay the expense of operating and maintaining the district facilities that generate the revenue from which the bonds will be paid;
(2) pay the principal of and interest on the bonds when due; and
(3) maintain the reserve fund and other funds as provided in the resolution authorizing the bonds.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.11007.htm
- Text hash
- sha256 12a4235cf220c4468a6df42acdfedaae5f1861457c6144502818f2adc944b0b2
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.