19 | 4 | | AN ACT |
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20 | 5 | | relating to the powers of the Crosswinds Municipal Utility |
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21 | 6 | | District; providing authority to issue bonds for road projects. |
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22 | 7 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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23 | 8 | | SECTION 1. Section 8468.005(b), Special District Local Laws |
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24 | 9 | | Code, is amended to read as follows: |
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25 | 10 | | (b) The district is created to accomplish the purposes of: |
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26 | 11 | | (1) a municipal utility district as provided by |
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27 | 12 | | general law and Section 59, Article XVI, Texas Constitution; and |
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28 | 13 | | (2) Section 52, Article III, Texas Constitution, that |
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29 | 14 | | relate to the construction, acquisition, improvement, operation, |
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30 | 15 | | or maintenance of macadamized, graveled, or paved roads, or |
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31 | 16 | | improvements, including storm drainage, in aid of those roads. |
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32 | 17 | | SECTION 2. Subchapter C, Chapter 8468, Special District |
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33 | 18 | | Local Laws Code, is amended by adding Sections 8468.104 and |
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34 | 19 | | 8468.105 to read as follows: |
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35 | 20 | | Sec. 8468.104. AUTHORITY FOR ROAD PROJECTS. Under Section |
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36 | 21 | | 52, Article III, Texas Constitution, the district may design, |
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37 | 22 | | acquire, construct, finance, issue bonds for, improve, operate, |
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38 | 23 | | maintain, and convey to this state, a county, or a municipality for |
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39 | 24 | | operation and maintenance macadamized, graveled, or paved roads, or |
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40 | 25 | | improvements, including storm drainage, in aid of those roads. |
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41 | 26 | | Sec. 8468.105. ROAD STANDARDS AND REQUIREMENTS. (a) A road |
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42 | 27 | | project must meet all applicable construction standards, zoning and |
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43 | 28 | | subdivision requirements, and regulations of each municipality in |
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44 | 29 | | whose corporate limits or extraterritorial jurisdiction the road |
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45 | 30 | | project is located. |
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46 | 31 | | (b) If a road project is not located in the corporate limits |
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47 | 32 | | or extraterritorial jurisdiction of a municipality, the road |
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48 | 33 | | project must meet all applicable construction standards, |
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49 | 34 | | subdivision requirements, and regulations of each county in which |
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50 | 35 | | the road project is located. |
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51 | 36 | | (c) If the state will maintain and operate the road, the |
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52 | 37 | | Texas Transportation Commission must approve the plans and |
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53 | 38 | | specifications of the road project. |
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54 | 39 | | SECTION 3. Section 8468.151, Special District Local Laws |
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55 | 40 | | Code, is amended by adding Subsection (c) to read as follows: |
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56 | 41 | | (c) The district may not issue bonds payable from ad valorem |
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57 | 42 | | taxes to finance a road project unless the issuance is approved by a |
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58 | 43 | | vote of a two-thirds majority of the district voters voting at an |
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59 | 44 | | election held for that purpose. |
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60 | 45 | | SECTION 4. Subchapter E, Chapter 8468, Special District |
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61 | 46 | | Local Laws Code, is amended by adding Section 8468.203 to read as |
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62 | 47 | | follows: |
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63 | 48 | | Sec. 8468.203. BONDS FOR ROAD PROJECTS. At the time of |
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64 | 49 | | issuance, the total principal amount of bonds or other obligations |
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65 | 50 | | issued or incurred to finance road projects and payable from ad |
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66 | 51 | | valorem taxes may not exceed one-fourth of the assessed value of the |
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67 | 52 | | real property in the district. |
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68 | 53 | | SECTION 5. This Act takes effect immediately if it receives |
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69 | 54 | | a vote of two-thirds of all the members elected to each house, as |
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70 | 55 | | provided by Section 39, Article III, Texas Constitution. If this |
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71 | 56 | | Act does not receive the vote necessary for immediate effect, this |
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72 | 57 | | Act takes effect September 1, 2015. |
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