Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 363 - FINANCIAL ASSISTANCE PROGRAMS
Subchapter G - SMALL COMMUNITY EMERGENCY LOAN PROGRAM
Division 2 - APPLICATION PROCEDURES
Section 363.714 - Findings Required

(1) that an emergency exists;

(2) that the political subdivision cannot finance the project without state assistance;

(3) 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; and

(4) that the public interest requires state participation in the project.