Sec. 7208.204. RATES, FEES, CHARGES, AND RENTALS

(a) District rates, fees, and charges assessed to provide services and facilities to customers and users of the district may vary according to customer class, project, or service area to reflect different costs of providing service.

(b) The district may require a customer to obtain a deposit from a user for services or facilities provided by the district. A deposit under this subsection may bear interest.

(c) If the district issues bonds payable wholly from revenue, the board shall establish and revise rates of compensation for water sold and wastewater or other services rendered by the district that are sufficient:

(1) to pay operating and maintenance expenses of district facilities;

(2) to pay the issued bonds as the bonds mature and the interest that accrues on the bonds;

(3) to maintain the district's fund reserve; and

(4) to maintain other funds of the district provided by the resolution that authorized the issuance of the bonds.

(d) A local government, water supply corporation, or other entity that contracts with the district may:

(1) establish, charge, and collect fees, rates, charges, rentals, or other amounts for services or facilities provided under the contract; and

(2) pledge amounts that are sufficient to make the required payments under the contract.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.07, eff. April 1, 2009.