Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 365 - RURAL WATER ASSISTANCE FUND
Subchapter B - APPLICATION PROCEDURES
Section 365.25 - Findings Required
Universal Citation: 31 TX Admin Code ยง 365.25
Current through Reg. 49, No. 38; September 20, 2024
The board, by resolution, may approve the application if it finds that:
(1) the public interest is served by state assistance for the project; and
(2) the revenue or taxes pledged by the applicant will be sufficient to meet all obligations assumed by the applicant during the succeeding period of not more than 50 years.
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