The lease may provide for contribution by the lessee to units of local government of amounts equivalent to ad valorem taxes or special assessments.
Official text of the Texas Water Code as published by the Texas Legislative Council.
Water Code › Title 2 › Chapter 16 › Subchapter F
Texas Water Code § 16.198
Lease Contributions Equivalent to Taxes
Provisions Generally Applicable to Water Development · Sale or Lease of Facilities
Legislative history
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977.