Texas § 58.439 PURPOSES FOR ISSUANCE OF BONDS.

Texas Statutes

§ 58.439 — PURPOSES FOR ISSUANCE OF BONDS.

Texas § 58.439

Code WAWater Code

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Bluebook

Tex. Water Code Code Ann. § 58.439 (2026).

Text

Sec. 58.439. PURPOSES FOR ISSUANCE OF BONDS. The district may issue bonds to include:

(1)the cost of organization of the district;

(2)incidental expenses;

(3)the cost of investigation and making plans;

(4)the engineer's work and other incidental expenses;

(5)the cost of retirement of preliminary bonds;

(6)the cost of issuing and selling bonds;

(7)the estimated discount on the bonds;

(8)the cost of operation of a district for the period of construction of the plant and improvements stated in the engineer's report;

(9)an amount to pay interest on the bonds during the period stated in the engineer's report, which shall not be more than three years from the time the bonds are sold; and

(10)any additional cost or expense made necessary by any change or modification made in the propose

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Sec. 58.439. PURPOSES FOR ISSUANCE OF BONDS. The district may issue bonds to include:
(1) the cost of organization of the district;
(2) incidental expenses;
(3) the cost of investigation and making plans;
(4) the engineer's work and other incidental expenses;
(5) the cost of retirement of preliminary bonds;
(6) the cost of issuing and selling bonds;
(7) the estimated discount on the bonds;
(8) the cost of operation of a district for the period of construction of the plant and improvements stated in the engineer's report;
(9) an amount to pay interest on the bonds during the period stated in the engineer's report, which shall not be more than three years from the time the bonds are sold; and
(10) any additional cost or expense made necessary by any change or modification made in the proposed work by the district.