Texas Water Code 17.856 – Consideration in Passing On Application for Financial Assistance
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In passing on an application for financial assistance for a participant, the board shall consider:
(1) the needs of the area to be served by the project;
(2) the availability to the participant of revenues, taxes, or a combination of revenues and taxes for payment of the acquired obligations of the participant; and
(3) the costs to be incurred in the development, construction, and operation of the project.