Tex. Spec. Dist. Local Laws Code § 9601.209 · Subchapter E. BONDS
CHARGES FOR DISTRICT SERVICES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If bonds payable wholly from revenue are issued, the board shall set and revise the rates, fees, and charges assessed for water sold, waste collection and treatment services provided, and garbage collection 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 may or 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 proceedings authorizing the issuance of bonds or the trust indenture securing the bonds.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 523 (S.B. 1223), Sec. 1, eff. June 19, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9601.htm
- Text hash
- sha256 0f4e8e0f14a57214c1ca4210317a468bab5b87b15316a8225b3c9a7a2ee1be7b
- 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.