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Current as of January 01, 2024 | Updated by Findlaw Staff
On review and recommendation by the executive administrator, the board may approve an application only if the board finds that:
(1) the application and the assistance applied for meet the requirements of this subchapter and board rules;
(2) the application demonstrates a sufficient level of cooperation among eligible political subdivisions and includes all of the eligible political subdivisions substantially affected by the flood project; and
(3) the taxes or other revenue, or both the taxes and other revenue, pledged by the applicant will be sufficient to meet all the obligations assumed by the eligible political subdivision.
Cite this article: FindLaw.com - Texas Water Code - WATER § 15.536. Approval of Applications - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-15-536/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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