Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 363 - FINANCIAL ASSISTANCE PROGRAMS
Subchapter I - PILOT PROGRAM FOR WATER AND WASTEWATER LOANS TO RURAL COMMUNITIES
Division 2 - APPLICATION PROCEDURES
Section 363.923 - Approval of Application
Universal Citation: 31 TX Admin Code § 363.923
Current through Reg. 50, No. 13; March 28, 2025
The board by resolution may approve an application for a loan if the board finds that:
(1) the public interest requires state participation in the project;
(2) the revenue or taxes pledged will be sufficient to meet all the obligations assumed by the rural community during the loan period; and
(3) the project meets needs in a manner consistent with the State Water Plan.
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