Texas Water Code 60.119 – Covenants for Management and Operation of Improvements
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(a) A resolution or order authorizing the issuance of obligations under this subchapter may include covenants with the holders of the obligations relating to:
(1) the management and operation of the improvements and facilities;
(2) the collection of fees and charges for the use of the improvements and facilities;
(3) the disposition of the fees and charges;
(4) the issuance of future obligations and creation of future liens and encumbrances against the improvements, facilities, and the revenue from them; and
(5) other pertinent matters, as may be deemed necessary to insure the marketability of the obligations.
(b) The covenants shall not be inconsistent with the provisions of this subchapter.