Sec. 15.607. APPROVAL OF APPLICATION. On review of recommendations by the executive administrator, the board by resolution may approve an application if the board finds that in its opinion the revenue or taxes or both revenue and taxes pledged by the applicant will be sufficient to meet all the obligations assumed by the applicant and that the application and assistance applied for meet the requirements of the federal act and state law, including Section 16.4021.
Added by Acts 1987, 70th Leg., ch. 420, Sec. 1, eff. June 17, 1987. Amended by Acts 2001, 77th Leg., ch. 966, Sec. 4.16, eff. Sept. 1, 2001.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 4, eff. September 1, 2019.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Chapter 15 - Texas Water Assistance Program
Subchapter J. Financial Assistance for Water Pollution Control
Section 15.601. Creation of Fund
Section 15.603. Creation and Administration of Program
Section 15.604. Financial Assistance Under the Revolving Fund
Section 15.6041. Financial Assistance Under the Safe Drinking Water Revolving Fund
Section 15.6042. Cross-Collateralization of Funds
Section 15.607. Approval of Application
Section 15.608. Approval and Registration
Section 15.609. Recovery of Administrative Costs
Section 15.610. Linked Deposit
Section 15.611. Linked Deposit Program
Section 15.613. Certification of Project
Section 15.614. Approval or Rejection of Application
Section 15.615. Deposit Agreement