Texas Water Code 55.196 – Selling Waterpower Privileges
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Terms Used In Texas Water Code 55.196
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The district may enter into a contract to sell waterpower privileges if power can be generated from water flowing from the district’s reservoirs and irrigation system. The sale of waterpower privileges may not interfere with the district’s obligation to furnish an adequate supply of water for irrigation and for municipal purposes in districts which furnish water for municipal purposes.