Tex. Spec. Dist. Local Laws Code § 8510.0508 · Subchapter E. BORROWED MONEY OR GRANTS
COMPENSATION RATES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board shall set and revise the rates of compensation for:
(1) water the authority sells; and
(2) services the authority renders.
(b) The rates of compensation must be sufficient to:
(1) pay the expense of operating and maintaining the authority's facilities;
(2) pay the bonds as they mature and the interest as it accrues; and
(3) maintain the reserve and other funds as provided in the resolution authorizing the bonds.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8510.htm
- Text hash
- sha256 0fc081f9d3bcfc662c78ed91bce4c8a2a832acc687f951f580bbcf63f8c74280
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 8510.0508. Each shows the citation as that text prints it.
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 8510.0309POWERS RELATING TO WASTE FACILITIES; BONDS.Printed as Sections 8510.0504, 8510.0505, 8510.0506, 8510.0507, 8510.0508, 8510.0509, 8510.0510, 8510.0511, and 8510.0512
- Tex. Spec. Dist. Local Laws Code § 8510.0310ADDITIONAL POWERS OF AUTHORITY AND OTHER PERSONS; BONDS.Printed as Sections 8510.0504, 8510.0505, 8510.0506, 8510.0507, 8510.0508, 8510.0510, and 8510.0511
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.