Tex.
Water Code Section 15.106
Approval of Application
(a)
The board, by resolution, may approve an application for financial assistance if after considering the factors listed in Section 15.105 (Considerations in Passing on Application) of this code and any other relevant factors, the board finds:(1)
that the public interest requires state participation in the project; and(2)
that in its opinion the revenue or taxes pledged by the political subdivision will be sufficient to meet all the obligations assumed by the political subdivision.(b)
Repealed by Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 16(2), eff. September 1, 2019.(b-1)
Repealed by Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 16(2), eff. September 1, 2019.(c)
Repealed by Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 16(2), eff. September 1, 2019.(d)
Repealed by Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 16(2), eff. September 1, 2019.(e)
Repealed by Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 16(2), eff. September 1, 2019.(f)
Repealed by Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 16(2), eff. September 1, 2019.
Source:
Section 15.106 — Approval of Application, https://statutes.capitol.texas.gov/Docs/WA/htm/WA.15.htm#15.106
(accessed Jun. 5, 2024).