The lease may provide for contribution by the lessee to units of local government of amounts equivalent to ad valorem taxes or special assessments.
Tex. Water Code § 16.198
LEASE CONTRIBUTIONS EQUIVALENT TO TAXES
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.