Sec. 8380.155. FEES AND CHARGES. The district may establish fees, user fees, rates, and charges that are sufficient:
(1) to accomplish the purposes of this chapter;
(2) for the operation and maintenance of the district;
(3) to pay the principal of and interest on notes, bonds, and other obligations issued in connection with the exercise of the district's general powers and duties; and
(4) to satisfy all rate covenants relating to the issuance of notes, bonds, and other obligations.
Added by Acts 2011, 82nd Leg., R.S., Ch. 866 (H.B. 3864), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8380 - Lazy W District No. 1
Subchapter D. General Financial Provisions
Section 8380.151. Elections Regarding Taxes or Bonds
Section 8380.152. Operation and Maintenance Tax
Section 8380.153. Contract Taxes