Sec. 8101.259. CHARGES FOR AUTHORITY SERVICES. The board shall set the rates of compensation for services rendered by the authority so that the authority has enough money to pay the expenses of operating and maintaining the facilities of the authority, to pay bonds as they mature and the interest as it accrues, and to maintain the reserve and other funds as provided in the resolution authorizing the bonds or in the trust indenture.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8101 - Athens Municipal Water Authority
Section 8101.251. Authority to Issue Bonds
Section 8101.252. Refunding Bonds
Section 8101.253. Form of Bonds
Section 8101.255. Trust Indenture
Section 8101.256. Election for Bonds Payable From Ad Valorem Taxes
Section 8101.257. Bond Security; Revenue; Taxes; Additional Bonds
Section 8101.258. Additional Security
Section 8101.259. Charges for Authority Services
Section 8101.260. Use of Bond Proceeds
Section 8101.261. Appointment of Receiver
Section 8101.262. Bonds Secured by Contract Proceeds; Approval
Section 8101.263. Bonds Exempt From Taxation
Section 8101.264. Property Exempt From Taxation and Assessment