The district may use proceeds from the sale of bonds to acquire improvements or facilities:

1. (1) from a private water supply corporation to provide water or sanitary sewer services to territory in the district; or
2. (2) to provide services described by Section 9001.101(b).

Added by Acts 2005, 79th Leg., Ch. 446 (S.B. 1828), Sec. 1, eff. June 17, 2005.