Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES |
Chapter 1477. OBLIGATIONS FOR OTHER COUNTY PURPOSES |
Subchapter C. NATURAL GAS SYSTEM FOR COUNTY BUILDINGS IN CERTAIN COUNTIES |
Sec. 1477.114. GAS RATES AND CHARGES
Latest version.
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The commissioners court shall contract for and impose rates and charges for gas supplied by the natural gas system that will be sufficient to:
(1) operate and maintain the system;
(2) pay when due the principal of and interest on any bonds issued under this subchapter; and
(3) establish any reserves provided for in the order authorizing the issuance of the bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.