Tex. Spec. Dist. Local Laws Code Section 11003.259
Charges for District Services


(a)

If district bonds payable wholly from revenue are issued, the board shall set and revise the rates of compensation for water sold and services provided by the district. The rates must be sufficient to:

(1)

pay the expense of operating and maintaining district facilities;

(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.

(b)

If bonds payable partly from revenue are issued, the board shall set and revise the rate of compensation for water sold and any other services provided by the district. The rate must be sufficient to ensure compliance with the resolution authorizing the bonds or the trust indenture securing the bonds.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.07, eff. April 1, 2015.

Source: Section 11003.259 — Charges for District Services, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­11003.­htm#11003.­259 (accessed Jun. 5, 2024).

11003.001
Definitions
11003.002
Nature of District
11003.003
Findings of Benefit and Public Purpose
11003.051
District Territory
11003.052
Annexation of City Territory
11003.053
Annexation of Other Territory
11003.101
Composition of Board
11003.102
Qualifications for Office
11003.103
Vacancies
11003.104
Removal from Office
11003.105
Board Resolutions
11003.106
Officers and Assistants
11003.107
Duties of Officers and Assistants
11003.108
Meetings
11003.109
Personal Liability of Directors
11003.151
District Powers
11003.152
Permits
11003.153
General Authority of Public Agencies and Political Subdivisions to Contract with District
11003.154
Contracts to Supply Water
11003.155
Sources for Water
11003.156
Construction Contracts
11003.157
Conveyance of Land to District
11003.158
Surplus Property
11003.159
Eminent Domain
11003.160
Cost of Relocating or Altering Property
11003.161
Other District Powers
11003.201
Imposition of Maintenance Tax
11003.202
Depository
11003.203
Investment of District Money
11003.204
District Facilities Exempt from Taxation and Assessment
11003.251
Authority to Issue Bonds
11003.252
Form of Bonds
11003.253
Maturity
11003.254
Election for Bonds Payable from Ad Valorem Taxes
11003.255
Bonds Secured by Revenue
11003.256
Bonds Payable from Ad Valorem Taxes
11003.257
Additional Security
11003.258
Trust Indenture
11003.259
Charges for District Services
11003.260
Use of Bond Proceeds
11003.261
Appointment of Receiver
11003.262
Refunding Bonds
11003.263
Limitation on Rights of Bondholders
11003.264
Bonds Exempt from Taxation
11003.265
Detachment of District Territory After Issuance of Bonds

Accessed:
Jun. 5, 2024

§ 11003.259’s source at texas​.gov