US Laws, Codes, Statutes & Cases

                                  TITLE  42
                       IRRIGATION AND DRAINAGE -- WATER
                            RIGHTS AND RECLAMATION
                                  CHAPTER 41
                    WATER AND SEWER DISTRICT REVENUE BONDS
    42-4106.  WORKS TO BE SELF-SUPPORTING. The commissioners of the district
issuing bonds pursuant to this act shall prescribe and collect reasonable
rates, fees, tolls or charges for the services, facilities and commodities
furnished by such works, and shall revise such rates, fees, tolls or charges
from time to time, to provide that all such works shall be and always remain
self-supporting. The rates, fees, tolls or charges prescribed shall be such as
will produce revenue at least sufficient, (a) to pay when due all bonds and
interest thereon for the payment of which such revenue is or shall have been
pledged, charged or otherwise encumbered including reserves therefor, and (b)
to provide for all expenses of operation and maintenance of such works,
including reserves therefor.