{"data":{"id":"us-tx/tex.-special-district-local-laws-code-11003.259","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 11003.259","heading":"CHARGES FOR DISTRICT SERVICES.","body":"(a) If district bonds payable wholly from revenue are issued, the board shall set and revise the rates of compensation for water sold and services provided by the district. The rates must be sufficient to:\n(1) pay the expense of operating and maintaining district facilities;\n(2) pay the principal of and interest on the bonds when due; and\n(3) maintain the reserve fund and other funds as provided in the resolution authorizing the bonds.\n(b) If bonds payable partly from revenue are issued, the board shall set and revise the rate of compensation for water sold and any other services provided by the district. The rate must be sufficient to ensure compliance with the resolution authorizing the bonds or the trust indenture securing the bonds.\nAdded by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.07, eff. April 1, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE X. DISTRICTS WITH COMBINED POWERS","CHAPTER 11003. MATADOR WATER DISTRICT","SUBCHAPTER F. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.11003.htm#11003.259","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"c3c44eb07b5bd9026f5200615274fa0cefd7918742b922369e83e70805873b4d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-11003.258","next":"us-tx/tex.-special-district-local-laws-code-11003.260"},"notice":"GroundRules: Original legal text. Not legal advice."}