86R7976 MP-D
By: King of Uvalde H.J.R. No. 112
A JOINT RESOLUTION
proposing a constitutional amendment authorizing Webb County to
delegate its authority to manage and dispose of county school land
and invest and manage the proceeds from the county permanent school
fund.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 6, Article VII, Texas Constitution, is
amended to read as follows:
Sec. 6. (a) All lands heretofore, or hereafter granted to
the several counties of this State for educational purposes, are of
right the property of said counties respectively, to which they
were granted, and title thereto is vested in said counties, and no
adverse possession or limitation shall ever be available against
the title of any county. Each county may sell or dispose of its
lands in whole or in part, in manner to be provided by the
Commissioners Court of the county. Said lands, and, except as
provided by Subsection (b) of this section, the proceeds thereof,
when sold, shall be held by said counties alone as a trust for the
benefit of public schools therein; said proceeds to be invested in
bonds of the United States, the State of Texas, or counties in said
State, or in such other securities, and under such restrictions as
may be prescribed by law; and the counties shall be responsible for
all investments; the interest thereon, and other revenue, except
the principal shall be available fund.
(b) Webb County may enter into an agreement with the school
districts for which Webb County holds lands in trust under this
section under which Webb County delegates to a committee whose
membership consists of members of the boards of trustees of the
school districts to:
(1) sell, lease, manage, or otherwise dispose of the
lands held in trust;
(2) develop or sell the rights to natural resources or
minerals in the lands held in trust; and
(3) invest and manage all or part of the proceeds of
Webb County's permanent school fund.
(c) The proceeds from a disposition of land authorized under
Subsection (b) of this section shall be held by Webb County as a
trust for the benefit of the school districts as provided by
Subsection (a) of this section.
(d) The committee described in Subsection (b) of this
section shall consist of one trustee appointed by each of the school
districts for which the lands are held in trust by Webb County under
this section.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 5, 2019.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment to authorize Webb
County to enter into an agreement to delegate its authority
regarding the management and disposition of county school lands
from Webb County to the school districts for which the lands are
held in trust and to delegate its authority to invest and manage
proceeds of Webb County's permanent school fund from Webb County to
the school districts for which the lands are held in trust."