Tex. Transportation Code § 172.207
COMPENSATION FOR USE OF SYSTEM FACILITIES
Texas · Texas Transportation Code · Status: effective
Cite this
- Citation
- Tex. Transportation Code § 172.207, COMPENSATION FOR USE OF SYSTEM FACILITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/568234
- Permanent ID
ys:prov:568234@1- SHA-256
7e0e074905b97e48ce72c88804f41aedf6a2c62ed365565f6980fed86633970f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) A district shall establish and maintain reasonable and nondiscriminatory rents or other compensation for the use of the facilities of the system acquired, constructed, operated, regulated, or maintained by the district.
(b) Together with grants received by the district, the rents or other compensation must be sufficient to produce revenue adequate to:
(1) pay all expenses necessary for the operation and maintenance of the district's property and facilities;
(2) pay the principal of and interest on all bonds issued by the district payable wholly or partly from the revenue, as they become due and payable; and
(3) fulfill the terms of agreements made with the holders of bonds or with any person on their behalf.