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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Water Code § 16.189: LEASE PAYMENTS.

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Where this section sits in the code
  1. WATER CODE
  2. TITLE 2. WATER ADMINISTRATION
  3. SUBTITLE C. WATER DEVELOPMENT
  4. CHAPTER 16. PROVISIONS GENERALLY APPLICABLE TO WATER DEVELOPMENT
  5. SUBCHAPTER F. SALE OR LEASE OF FACILITIES

In leasing a state facility for a term of years, the board shall require payments that will recover over the lease period not less than the total of:

(1) all principal and interest requirements applicable to the debt incurred by the state in acquiring the facility; and

(2) the state's cost for operation, maintenance, and rehabilitation of the facility.

Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1997, 75th Leg., ch. 1010, Sec. 5.02, eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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