Texas Statutes
Subchapter J. Agricultural Water Conservation Bond Program
Section 17.902. Review of Application for and Approval of Grant

Sec. 17.902. REVIEW OF APPLICATION FOR AND APPROVAL OF GRANT. (a) In reviewing an application by a political subdivision for a grant, the board shall consider:
(1) the degree to which the political subdivision has used other available resources to finance the use for which the application is being made;
(2) the willingness and ability of the political subdivision to raise revenue;
(3) the commitment of the political subdivision to water conservation; and
(4) the benefits that will be gained by making the grant.
(b) To approve a grant to a political subdivision, the board must find that:
(1) the grant funds will supplement rather than replace money of the political subdivision;
(2) the public interest is served by providing the grant; and
(3) the grant will further water conservation in the state.
Added by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2003, 78th Leg., ch. 200, Sec. 19(r), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 18, eff. Sept. 1, 2003.

Structure Texas Statutes

Texas Statutes

Water Code

Title 2 - Water Administration

Subtitle C - Water Development

Chapter 17 - Public Funding

Subchapter J. Agricultural Water Conservation Bond Program

Section 17.871. Definitions

Section 17.872. Issuance of Bonds

Section 17.873. Conditions for Issuance of Bonds

Section 17.874. Periodic Determination of Interest

Section 17.875. Persons Designated to Act as Agents of Board

Section 17.876. Security Qualifications

Section 17.877. Investment Securities

Section 17.878. Form of Bonds

Section 17.879. Funds

Section 17.880. Sale of Securities

Section 17.881. Sale of Obligations to Texas Water Resources Finance Authority

Section 17.882. Resolutions, Orders, Etc

Section 17.883. Bond Review Board

Section 17.884. Approval of Attorney General

Section 17.885. Bonds Incontestable

Section 17.886. Payment and Transfers by Comptroller

Section 17.887. Refunding Bonds

Section 17.888. Mutilated, Lost, or Destroyed Bonds

Section 17.889. Eligible Security

Section 17.890. Legal Investments

Section 17.891. Tax Exempt Bonds

Section 17.892. Enforcement by Mandamus

Section 17.893. Subchapter Cumulative of Other Laws

Section 17.894. Bond Enhancement Agreements; Payment of Expenses

Section 17.895. Sources of Assets

Section 17.896. Repayment Proceeds

Section 17.897. Conservation Program

Section 17.898. Conservation Project

Section 17.899. Eligible Fund Uses

Section 17.900. Grant to State Agency

Section 17.901. Grant or Loan to Political Subdivision

Section 17.902. Review of Application for and Approval of Grant

Section 17.9021. Application for and Approval of Loan

Section 17.9022. Financing of Grant or Loan for Political Subdivision; Default; Venue

Section 17.903. Contract Authority

Section 17.904. Linked Deposit

Section 17.905. Linked Deposit Program

Section 17.906. Application by Eligible Lending Institutions to Participate in Linked Deposit Program

Section 17.907. Approval or Rejection of Application

Section 17.908. Deposit Agreement

Section 17.909. Compliance

Section 17.910. State Liability Prohibited

Section 17.911. Limitations on Program

Section 17.912. Rules

Section 17.913. Grant Standards