Tex. Water Code § 16.189 · Subchapter F. SALE OR LEASE OF FACILITIES
LEASE PAYMENTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
In leasing a state facility for a term of years, the board shall require payments that will recover over the lease period not less than the total of:
(1) all principal and interest requirements applicable to the debt incurred by the state in acquiring the facility; and
(2) the state's cost for operation, maintenance, and rehabilitation of the facility.
Notes and commentary — not statutory text
History
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1997, 75th Leg., ch. 1010, Sec. 5.02, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.16.htm
- Text hash
- sha256 029ab79ce242c011c30b61e3c59687447769b8f6586b79290e583e710306bb67
- 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.