31 Tex. Admin. Code § 365.25

Current through Reg. 49, No. 49; December 6, 2024

Section 365.25 - Findings Required

The board, by resolution, may approve the application if it finds that:

(1) the public interest is served by state assistance for the project; and

(2) the revenue or taxes pledged by the applicant will be sufficient to meet all obligations assumed by the applicant during the succeeding period of not more than 50 years.

31 Tex. Admin. Code § 365.25

Adopted to be effective January 1, 2002, 26 TexReg 11031; Transferred from T. 31, § 384.25 by Texas Register, Volume 45, Number 04, January 24, 2020, TexReg 593, eff. 2/15/2020