Tex. Water Code § 61.032
This is the official text of Tex. Water Code § 61.032, part of Texas’s Water Code — governs water rights and water resource management.
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§ 61.032. PROVIDING FUNDS FOR PROPOSED IMPROVEMENTS.
Official statutory text
(a) If the commissioners court or the board approves the boundaries in the petition or as changed and decides to grant the petition, it shall determine the amount of money necessary for the improvements and all expenses connected with the improvements and whether to issue bonds for the full amount or, in the first instance, for a less amount.
(b) The commissioners court or the board shall specify the amount, term, and rate of interest of bonds to be issued.
(b) The commissioners court or the board shall specify the amount, term, and rate of interest of bonds to be issued.
Status: in_force · Read it on the official government site
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