Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 363 - FINANCIAL ASSISTANCE PROGRAMS
Subchapter K - SMALL COMMUNITY HARDSHIP PROGRAM
Section 363.1105 - Board Consideration of Applications
Universal Citation: 31 TX Admin Code ยง 363.1105
Current through Reg. 49, No. 38; September 20, 2024
(a) Prior to approval of the application submitted of an applicant, the board shall consider:
(1) the needs of the area to be served by the
project and the benefit of the project to the area in relation to the needs of
other areas requiring state assistance in any manner and the benefits of those
projects to the other areas;
(2)
the availability of revenue to the applicant from all sources for the ultimate
repayment of the cost of the project, including all interest;
(3) the relationship of the project to
overall statewide needs;
(4) the
ability of the applicant to finance the project without state assistance;
and
(5) the regulatory efforts by
the county in which the project is located to control the construction of
subdivisions that lack basic utility services.
(b) After consideration of the factors identified in subsection (a) of this section, the board may pass a resolution approving the application of an eligible applicant if the board finds that:
(1) the public interest requires state
participation in the project; and
(2) the revenue or taxes pledged by the
political subdivision will be sufficient to meet all the obligations assumed by
the political subdivision.
(c) The resolution approving the application of an eligible applicant may include any condition that the board deems appropriate including a requirement that the applicant adopt a water conservation plan in compliance with § 363.15 of this title (relating to Required Water Conservation Plan).
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