Sec. 1477.114. GAS RATES AND CHARGES. The commissioners court shall contract for and impose rates and charges for gas supplied by the natural gas system that will be sufficient to:
(1) operate and maintain the system;
(2) pay when due the principal of and interest on any bonds issued under this subchapter; and
(3) establish any reserves provided for in the order authorizing the issuance of the bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1477 - Obligations for Other County Purposes
Subchapter C. Natural Gas System for County Buildings in Certain Counties
Section 1477.101. Applicability of Subchapter
Section 1477.102. Authority to Acquire Natural Gas System
Section 1477.103. Natural Gas System Facilities
Section 1477.104. Authority to Issue Bonds
Section 1477.105. Bonds Not Payable From Taxes
Section 1477.106. Notice of Intention to Issue Bonds
Section 1477.108. Contents of Order Authorizing Bonds
Section 1477.110. Signatures; Registration by County Treasurer
Section 1477.111. Sale of Bonds
Section 1477.112. Use of Bond Proceeds
Section 1477.113. Additional Bonds
Section 1477.114. Gas Rates and Charges
Section 1477.115. Bondholder's Right to Mandamus
Section 1477.116. Refunding Bonds
Section 1477.117. Exemption From Assessment or Taxation
Section 1477.118. County Use of Gas
Section 1477.119. Sale of Gas Not Needed for County Purposes
Section 1477.120. Eminent Domain