Texas Water Code 17.855 – Financial Assistance by Acquisition of Acquired Obligations
(a) In an application to the board for financial assistance through the acquisition of acquired obligations, the participant shall include:
(1) the name of the participant and its principal officer or officers;
(2) a citation of the law under which the participant was created, operates, and proposes to issue its obligations to be acquired by the board;
(3) the total cost of the project;
(4) the amount of state financial assistance requested;
(5) the plan for paying the principal of and interest on its obligations to be acquired by the board;
(6) the water conservation plan required by § 16.4021; and
(7) any other information the board requires in order to perform its duties and to protect the public interest.
(b) The board may not accept an application for financial assistance unless it is submitted in writing and subscribed to in affidavit form by an official representative of the participant. The board shall prescribe the affidavit form in its rules.
Terms Used In Texas Water Code 17.855
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Affidavit: means a statement in writing of a fact or facts signed by the party making it, sworn to before an officer authorized to administer oaths, and officially certified to by the officer under his seal of office. See Texas Government Code 312.011
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
(c) The board may require additional factual material from an applicant.