Tex. Spec. Dists. Code § 8503.031
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 8503.030 constitutes full authority for a municipality or municipally owned utility to enter into a contract with the authority under that section. The payments made under a contract authorized by that section are operation and maintenance expenses of the municipality's utility system. A municipality or municipally owned utility that enters into a contract under that section may use proceeds from the sale of its revenue bonds to make any such payments.
Tex. Spec. Dist. Loc. Laws § 8503.031