Text of section effective on April 01, 2023
Sec. 8510.0406. RATES AND CHARGES. (a) The authority shall impose rates and other charges for the sale or use of water or for services sold, provided, or supplied by the authority.
(b) The rates and other charges must be reasonable and nondiscriminatory but sufficient to provide revenue adequate to:
(1) pay the authority's expenses in carrying out the functions for which it is created; and
(2) fulfill the terms of any agreements made with the holders of any of the authority's obligations.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle G - River Authorities
Chapter 8510 - Red River Authority of Texas
Subchapter D. General Financial Provisions
Section 8510.0401. Procedure for Payment
Section 8510.0402. Receipt of Money
Section 8510.0403. Fiscal Year
Section 8510.0404. Filing of Audit Report
Section 8510.0405. Asset Management Plan
Section 8510.0406. Rates and Charges
Section 8510.0407. Changes to Rates and Charges
Section 8510.0408. Notice of Right to Appeal Changes to Rates