Texas Administrative Code
Title 30 - ENVIRONMENTAL QUALITY
Part 1 - TEXAS COMMISSION ON ENVIRONMENTAL QUALITY
Chapter 293 - WATER DISTRICTS
Subchapter G - OTHER ACTIONS REQUIRING COMMISSION CONSIDERATION FOR APPROVAL
Section 293.85 - Change in Commission Approved Maturity Schedules, Commission Approved Tax Rates, or Increase in Commission Approved Bond Interest Rate
Current through Reg. 50, No. 13; March 28, 2025
(a) If a district proposes an increase in a commission approved interest rate or a change in maturity schedule which requires no increase in bond amount or change in the commission approved tax rate, the district shall file a written statement with the executive director signed by the board president indicating that no such increase or change is required and shall provide a revised bond issue cost summary. Under these conditions, no further approval is required.
(b) If a district proposes a change in a commission approved interest rate or a change in maturity schedule which requires an increase in the bond amount, approval of the commission of a bond amendment by the district is required.
(c) If a district proposes a change in a commission approved interest rate or maturity schedule which requires a change in the commission approved tax rate, approval of the executive director is required. To secure such approval, the district shall file the following:
