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City Supplying Wholesale Water Must Stick to Contracted Rate
Publication year - 2003
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.2003.tb10304.x
Subject(s) - water supply , business , debt , revenue , obligation , corporation , non revenue water , water industry , service (business) , bond , finance , agricultural economics , water conservation , economics , water resources , marketing , environmental science , law , environmental engineering , ecology , political science , biology
The Court of Appeals of Texas has ruled that a municipality's wholesale water supply contract with a nonprofit rural water supply corporation was unambiguous in providing that the municipality's debt service obligation for water revenue bonds issued by the county water supply district was to be included in determining the municipality's water cost.