Sec. 15.912. CONSIDERATIONS IN ACTING ON APPLICATION. (a) In acting on an application for financial assistance, the board shall consider:
(1) the needs of the area to be served by the project and the benefit of the project to the area in relation to the needs of other areas requiring state assistance in any manner and the benefits of those projects to the other areas;
(2) the availability of revenue to the political subdivision or water supply corporation from all sources for any necessary repayment of the cost of the project, including all interest;
(3) the relationship of the project to overall statewide needs; and
(4) any other factors that the board considers relevant.
(b) The board may not accept an application for a loan or grant of financial assistance from the fund for a project recommended through the state and regional water planning processes under Sections 16.051 and 16.053 if the applicant has failed to satisfactorily complete a request by the executive administrator or a regional planning group for information relevant to the project.
Added by Acts 2001, 77th Leg., ch. 1234, Sec. 22, eff. Sept. 1, 2001.
Amended by:
Acts 2005, 79th Leg., Ch. 1151 (H.B. 3029), Sec. 11, eff. June 18, 2005.
Acts 2011, 82nd Leg., R.S., Ch. 891 (S.B. 370), Sec. 2, eff. June 17, 2011.
Acts 2011, 82nd Leg., R.S., Ch. 983 (H.B. 1732), Sec. 2, eff. September 1, 2011.
Acts 2021, 87th Leg., R.S., Ch. 68 (H.B. 1905), Sec. 5, eff. September 1, 2021.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Chapter 15 - Texas Water Assistance Program
Section 15.902. Disadvantaged Rural Community Water and Wastewater Financial Assistance Fund
Section 15.903. Financial Assistance
Section 15.904. Use of Sales Tax as Loan Security
Section 15.905. Review and Approval of Loan Agreement by Attorney General
Section 15.907. Validity and Incontestability
Section 15.910. Application for Assistance
Section 15.911. Findings Regarding Permits
Section 15.912. Considerations in Acting on Application
Section 15.913. Approval of Application
Section 15.914. Construction Contract Requirements
Section 15.915. Filing Construction Contract
Section 15.916. Inspection of Projects
Section 15.917. Alteration of Plans
Section 15.918. Certificate of Approval
Section 15.920. Authority of Political Subdivisions or Water Supply Corporations