Sec. 17.932. METHOD OF FINANCIAL ASSISTANCE. (a) The board may provide financial assistance to political subdivisions by using money in the economically distressed areas account to purchase political subdivision bonds.
(b) The board may make financial assistance available to political subdivisions in any other manner that it considers feasible, including:
(1) contracts or agreements with a political subdivision for acceptance of financial assistance that establish any repayment based on the political subdivision's ability to repay the assistance and that establish requirements for acceptance of the assistance; or
(2) contracts or agreements for providing financial assistance in any federal or federally assisted project or program.
Added by Acts 1989, 71st Leg., ch. 624, Sec. 2.21. Renumbered from Sec. 17.892 by Acts 1990, 71st Leg., 6th C.S., ch. 12, Sec. 2(36), eff. Sept. 6, 1990.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Section 17.922. Financial Assistance
Section 17.9225. Residential Water and Sewer Connection Assistance
Section 17.9226. Use of Certain General Obligation Bonds
Section 17.923. County Eligibility for Financial Assistance
Section 17.927. Application for Financial Assistance
Section 17.9275. Prioritization of Projects by Board
Section 17.928. Findings Regarding Permits
Section 17.929. Considerations in Passing on Application
Section 17.930. Approval or Disapproval of Application
Section 17.931. Application Amendment
Section 17.932. Method of Financial Assistance
Section 17.933. Terms of Financial Assistance
Section 17.934. Sewer Connections
Section 17.935. Grant Standards
Section 17.936. Recovery of Economically Distressed Area Impact Fees