Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 363 - FINANCIAL ASSISTANCE PROGRAMS
Subchapter J - STATE PARTICIPATION PROGRAM
Section 363.1003 - Board Participation
Universal Citation: 31 TX Admin Code § 363.1003
Current through Reg. 49, No. 52; December 27, 2024
(a) This section does not apply to use of the State Participation Account II.
(b) Unless otherwise directed by legislation, or in accordance with subsection (c), the board will only use the State Participation Account of the Texas Water Development Fund II to provide financial assistance for all or a part of the cost to construct the excess capacity of:
(1) an eligible new water supply
or water plan project where:
(A) at least 20%
of the total facility capacity of the proposed project will serve existing
need, or
(B) the applicant will
finance at least 20% of the total project cost from sources other than the
State Participation Account; and
(2) all other projects eligible for state
participation where:
(A) at least 50% of the
total facility capacity of the proposed project will serve existing need,
or
(B) the applicant will finance
at least 50% of the total project cost from sources other than the State
Participation Account.
(c) The board, in its sole discretion, may waive the requirements of subsection (b) upon a showing of good cause.
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