1 | 1 | | 81R4339 SLB-F |
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2 | 2 | | By: Kleinschmidt H.B. No. 2602 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the powers and duties of the Bastrop County Water |
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8 | 8 | | Control and Improvement District No. 2; providing authority to |
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9 | 9 | | impose a tax and issue bonds. |
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10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 11 | | SECTION 1. Section 11001.002(a), Special District Local |
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12 | 12 | | Laws Code, is amended to read as follows: |
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13 | 13 | | (a) Under [The district has all of the rights, powers, |
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14 | 14 | | privileges, functions, responsibilities, and duties that general |
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15 | 15 | | law grants a road district created under] Section 52, Article III, |
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16 | 16 | | Texas Constitution, the district may design, acquire, construct, |
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17 | 17 | | finance, issue bonds for, improve, operate, maintain, and convey to |
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18 | 18 | | this state, a county, or a municipality for operation and |
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19 | 19 | | maintenance macadamized, graveled, or paved roads or improvements, |
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20 | 20 | | including storm drainage, in aid of those roads, inside the |
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21 | 21 | | district. |
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22 | 22 | | SECTION 2. Section 11001.007, Special District Local Laws |
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23 | 23 | | Code, is amended to read as follows: |
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24 | 24 | | Sec. 11001.007. MONTHLY CHARGES. (a) The board by |
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25 | 25 | | resolution may impose a monthly charge in an amount not to exceed |
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26 | 26 | | $15 [of five dollars] for each developed or undeveloped lot, tract, |
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27 | 27 | | or reserve in the district. |
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28 | 28 | | (b) Money received from the monthly charge may [must] be |
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29 | 29 | | used only for: |
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30 | 30 | | (1) constructing, maintaining, or repairing public |
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31 | 31 | | streets or roadways in the district; or |
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32 | 32 | | (2) purchasing equipment necessary to accomplish a |
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33 | 33 | | purpose described by Subdivision (1). |
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34 | 34 | | (c) Not [Of the money received under Subsection (a): |
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35 | 35 | | [(1) not] more than 10 percent of the money received |
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36 | 36 | | under Subsection (a) may be used for administrative purposes[; and |
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37 | 37 | | [(2) not more than 15 percent may be used for road |
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38 | 38 | | maintenance]. |
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39 | 39 | | SECTION 3. Chapter 11001, Special District Local Laws Code, |
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40 | 40 | | is amended by adding Sections 11001.014, 11001.015, and 11001.016 |
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41 | 41 | | to read as follows: |
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42 | 42 | | Sec. 11001.014. AUTHORITY TO ISSUE BONDS AND OTHER |
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43 | 43 | | OBLIGATIONS. (a) The district may issue bonds or other obligations |
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44 | 44 | | as provided by Chapters 49 and 51, Water Code, to finance the |
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45 | 45 | | acquisition, construction, improvement, maintenance, or operation |
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46 | 46 | | of a project under Section 11001.002. |
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47 | 47 | | (b) The district may not issue bonds or other obligations |
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48 | 48 | | secured wholly or partly by ad valorem taxes to finance projects |
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49 | 49 | | authorized by Section 11001.002 unless the issuance is approved by |
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50 | 50 | | a vote of a two-thirds majority of the district voters voting at an |
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51 | 51 | | election called for that purpose. |
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52 | 52 | | (c) Bonds or other obligations issued or incurred to finance |
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53 | 53 | | projects authorized by Section 11001.002 may not exceed one-fourth |
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54 | 54 | | of the assessed value of the real property in the district. |
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55 | 55 | | (d) Sections 49.181, 49.182, and 50.107, Water Code, do not |
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56 | 56 | | apply to a project authorized by Section 11001.002 or to bonds |
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57 | 57 | | issued to finance the project. |
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58 | 58 | | Sec. 11001.015. TAX TO REPAY BONDS. The district may impose |
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59 | 59 | | a tax to pay the principal of or interest on bonds or other |
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60 | 60 | | obligations issued under Section 11001.014. |
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61 | 61 | | Sec. 11001.016. ROAD CONTRACTS. The district may enter |
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62 | 62 | | into a contract for a road project in the manner provided by |
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63 | 63 | | Subchapter I, Chapter 49, Water Code. |
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64 | 64 | | SECTION 4. (a) The legal notice of the intention to |
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65 | 65 | | introduce this Act, setting forth the general substance of this |
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66 | 66 | | Act, has been published as provided by law, and the notice and a |
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67 | 67 | | copy of this Act have been furnished to all persons, agencies, |
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68 | 68 | | officials, or entities to which they are required to be furnished |
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69 | 69 | | under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
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70 | 70 | | Government Code. |
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71 | 71 | | (b) The governor, one of the required recipients, has |
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72 | 72 | | submitted the notice and Act to the Texas Commission on |
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73 | 73 | | Environmental Quality. |
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74 | 74 | | (c) The Texas Commission on Environmental Quality has filed |
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75 | 75 | | its recommendations relating to this Act with the governor, the |
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76 | 76 | | lieutenant governor, and the speaker of the house of |
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77 | 77 | | representatives within the required time. |
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78 | 78 | | (d) All requirements of the constitution and laws of this |
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79 | 79 | | state and the rules and procedures of the legislature with respect |
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80 | 80 | | to the notice, introduction, and passage of this Act are fulfilled |
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81 | 81 | | and accomplished. |
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82 | 82 | | SECTION 5. This Act takes effect immediately if it receives |
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83 | 83 | | a vote of two-thirds of all the members elected to each house, as |
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84 | 84 | | provided by Section 39, Article III, Texas Constitution. If this |
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85 | 85 | | Act does not receive the vote necessary for immediate effect, this |
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86 | 86 | | Act takes effect September 1, 2009. |
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