reglab/housing_qa huggingface dataset:
TX Spec Dist Code § 8503.011 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.011. Rates and Charges

Sec. 8503.011.  RATES AND CHARGES.  (a)  The board shall establish and collect rates and other charges for the sale or use of water, water connections, power, electric energy, or other services sold, furnished, or supplied by the authority.  The fees and charges must be reasonable and nondiscriminatory and sufficient to produce revenues adequate to:(1)  pay all expenses necessary to the operation and maintenance of the properties and facilities of the authority;(2)  pay the interest on and principal of all bonds issued under this chapter as the interest and principal become due and payable;(3)  pay the principal and interest on any legal debt created by the authority;(4)  pay all sinking fund and reserve fund payments agreed to be made with respect to bonds and payable out of those revenues, as the payments become due and payable;  and(5)  fulfill the terms of any agreements made with the bondholders or with any person on their behalf.(b)  Out of the revenues that may be received in excess of those required for the purposes specified in Subsection (a), the board may:(1)  establish a reasonable depreciation and emergency fund;(2)  retire, by purchase and cancellation or redemption, bonds issued under this chapter;  or(3)  apply the excess revenues to any corporate purpose.(c)  The rates and charges of the authority may not be in excess of what is necessary to fulfill the obligations imposed on the authority by this chapter or other law.  Nothing in this chapter shall be construed as depriving this state of its power to regulate and control fees or charges to be collected for the use of water, water connections, power, electric energy, or other service;  provided, however, that this state pledges to and agrees with the purchasers and successive holders of the bonds and other written evidence of indebtedness issued under this chapter that this state will not limit or alter the power vested in the authority to establish and collect fees and charges that will produce revenues sufficient to pay the items specified in Subsection (a), or in any way impair the rights or remedies of creditors or bondholders, or of any person on their behalf, until the bonds and other written evidence of indebtedness, together with the interest on the bonds or indebtedness and the interest on unpaid installments of interest and all costs and expenses in connection with any action or proceedings by or on behalf of the bondholders and all other obligations of the authority in connection with the bonds are fully met and discharged.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.011 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.012 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.012. Payment of Debts

Sec. 8503.012.  PAYMENT OF DEBTS.  Any indebtedness, liability, or obligation of the authority for the payment of money, however entered into or incurred and whether arising from contract, implied contract, or otherwise, is payable solely:(1)  out of revenues received by the authority with respect to its properties, subject to any prior lien on the revenues conferred by any resolution or resolutions adopted as provided by this chapter authorizing the issuance of bonds;  or(2)  if the board so determines, out of the proceeds of sale by the authority of bonds payable solely from those revenues.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.012 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.015 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.015. Audits

Sec. 8503.015.  AUDITS.  (a)  The authority is subject to the audit provisions of Subchapter G, Chapter 49, Water Code.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.015 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(k), eff. September 1, 2007.Acts 2015, 84th Leg., R.S., Ch. 1148 (S.B. 523), Sec. 8, eff. June 19, 2015.|
TX Spec Dist Code § 8503.016 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.016. Authority as Conservation and Reclamation District

Sec. 8503.016.  AUTHORITY AS CONSERVATION AND RECLAMATION DISTRICT.  (a)   The authority shall manage and use its facilities, the water impounded by its dams on the Colorado River or its tributaries, and any available net operating revenues to accomplish, to the extent possible, the purposes included in Section 59(a), Article XVI, Texas Constitution, that are enumerated in the provisions of this chapter or other general law, and the authority shall market electric power that, in the opinion of the board, will not be immediately needed by the authority, under contracts and on conditions that will best enable the authority to pay its operating expenses, meet its outstanding financial obligations as they mature, supply the increasing demand for electric power in the area dependent on its systems for electric service on April 28, 1975, and assure, to the extent possible, an adequate supply of water for irrigation and other useful purposes, as it is needed in the various counties comprising the authority.(b)  When bonds are to be issued to finance in whole or in part water-impounding facilities, before approving the bonds the attorney general shall be furnished a resolution from the commission or its successor agency certifying that the authority possesses the necessary water right authorizing it to impound or otherwise appropriate the waters to be utilized by the project.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.016 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.017 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.017. Bonds as Negotiable Instruments

Sec. 8503.017.  BONDS AS NEGOTIABLE INSTRUMENTS.  Bonds issued by the authority under this chapter or other general law are negotiable instruments under the laws of this state.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.017 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.018 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.018. Additional Powers Relating to Contracts, Rules, and Regulations

Sec. 8503.018.  ADDITIONAL POWERS RELATING TO CONTRACTS, RULES, AND REGULATIONS.  The authority may, but without intending by this provision to limit any powers of the authority as granted to it by this chapter or other general law, enter into and carry out contracts or establish or comply with rules and regulations concerning labor and materials and other related matters in connection with any project or projects as the authority considers desirable or as requested by the United States, this state, or any corporation or agency created, designated, or established by the United States or this state that may assist in the financing of the project or projects.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.018 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.019 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.019. Purchase of Bonds

Sec. 8503.019.  PURCHASE OF BONDS.  The authority may, out of any funds available for the purpose, purchase bonds issued by it at a price not exceeding the redemption price applicable at the time of the purchase, or if the bonds are not redeemable, at a price not exceeding the principal amount of the bonds plus accrued interest.  All bonds purchased in this manner shall be canceled.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.019 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.020 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.020. Disposition of Property

Sec. 8503.020.  DISPOSITION OF PROPERTY.  (a)  Nothing in this chapter shall be construed as authorizing the authority, and the authority is not authorized, to mortgage or otherwise encumber any of its property of any kind, real, personal, or mixed, or any interest in such property, or to acquire any property or interest subject to a mortgage or conditional sale, provided that this section may not be construed as preventing the pledging of the revenues of the authority as authorized by this chapter.(b)  Nothing in this chapter shall be construed as authorizing the sale of any property or interest by the authority or by any receiver of any of its properties or through any court proceeding or otherwise, unless, by the affirmative vote of three-fourths of its statutory membership, the board has determined that the property or interest is not necessary or convenient or of beneficial use to the business of the authority and has approved the terms of the sale.  Except by sale as expressly authorized in this section, authority property or interest may not come into the ownership or control, directly or indirectly, of any person, firm, or corporation other than a public authority created under the laws of this state or a nonprofit corporation created by the authority under Chapter 152, Water Code.(c)  The limitations on the sale of property of the authority in this section do not and are not intended to preclude the authority from selling any interest owned or held by the authority in any jointly owned electric power and generating facilities constructed, or to be constructed, under Section 8503.004(t), provided that the sale of an ownership interest in a joint project is provided for and in conformance with any contract with other owners regarding the electric power and energy generating facilities.(d)  All authority property is exempt from forced sale, and nothing in this chapter shall be construed to authorize the sale of any of the property of the authority under a judgment rendered in a suit, and a sale of that kind is prohibited.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.020 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(l), eff. September 1, 2007.|
TX Spec Dist Code § 8503.021 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.021. Property Agreements With City of Austin

Sec. 8503.021.  PROPERTY AGREEMENTS WITH CITY OF AUSTIN.  Nothing in this chapter prohibits the authority from owning property in conjunction with, acquiring property from, or selling property to the City of Austin, on terms and conditions to which the authority and the city agree.  The authority may acquire property from the City of Austin subject to repurchase agreements, or other terms and conditions as are agreed on between the authority and the city, and may enter into any contractual relations with the city respecting property that the parties agree on.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.021 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.022 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.022. Property Useful in the Production or Utilization of Electric Energy

Sec. 8503.022.  PROPERTY USEFUL IN THE PRODUCTION OR UTILIZATION OF ELECTRIC ENERGY.  This chapter does not prohibit or restrict the sale, lease, or other disposition, to an electric cooperative, municipality, nonprofit corporation created by the authority under Chapter 152, Water Code, or other governmental agency or body politic and corporate of this state, of any property acquired or constructed by the authority and incidental to or used or useful in the generation, production, transmission, distribution, or sale of electric energy.  The authority may pledge the proceeds of a sale under this section to the same extent and in the same manner in which it is authorized to pledge its revenues.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.022 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(m), eff. September 1, 2007.|
TX Spec Dist Code § 8503.023 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.023. Public Access

Sec. 8503.023.  PUBLIC ACCESS.  (a)  The authority may not prevent the public use of its lands for recreational purposes and fishing except at such points where, in the opinion of the board, the use would interfere with the proper conduct of the business of the authority or would interfere with the lawful use of the property.  A lease of authority lands, except one expressly permitted by Section 8503.022, is not lawful unless it provides for free public use of the lands for recreational purposes and fishing.(b)  All public rights-of-way traversing the areas flooded or to be flooded by the impounded waters shall remain open as a way of free public passage to and from the lakes created, and a charge may not be made to the public for the right to engage in fishing or boating on or swimming in those lakes.(c)  If any citizen of this state or of the United States advises the attorney general that this section has not been complied with, the attorney general may, after investigation of the complaint and notice to the authority, institute the proper legal proceedings, if any are required, to require the authority or its successor to comply with this section.(d)  If any of the authority's land bordering the lakes to be created under this chapter is sold by the authority, the authority shall retain in each tract a strip 20 feet wide abutting the high-water line of the lake for the purpose of passage and use by the public for public sports and amusements;  provided, however, that this subsection does not apply to any sales of land by the authority to any state or federal agency to be used for game or fish sanctuaries or preserves or for game or fish propagation purposes.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.023 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(n), eff. September 1, 2007.|
TX Spec Dist Code § 8503.024 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.024. Bonds Exempt From Taxation

Sec. 8503.024.  BONDS EXEMPT FROM TAXATION.  All bonds and interest on the bonds issued under the provisions of this chapter are exempt from taxation, except inheritance taxes, by this state or by any municipal corporation, county, or other political subdivision or taxing district of this state.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.024 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.025 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.025. Source of Authority

Sec. 8503.025.  SOURCE OF AUTHORITY.  (a)  This chapter, without reference to other statutory provisions, constitutes full authority for the authorization and issuance of bonds under this chapter, and no other act or law regarding the authorization or issuance of obligations or the deposit of the proceeds of obligations, or in any way impeding or restricting the carrying out of the acts authorized by this chapter shall be construed as applying a limitation to any proceedings taken under or acts done under this chapter.(b)  Nothing in this chapter shall prevent the authority from issuing bonds under any applicable general law of this state, provided, however, that no bonds are issued that would be in conflict with Section 8503.024.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.025 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(o), eff. September 1, 2007.|
TX Spec Dist Code § 8503.026 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.026. Bonds as Investments and Security for Deposits

Sec. 8503.026.  BONDS AS INVESTMENTS AND SECURITY FOR DEPOSITS.  (a)  All authority bonds are legal and authorized investments for individuals, partnerships, profit and nonprofit corporations, banks, savings banks, trust companies, building and loan associations, savings and loan associations, insurance companies, fiduciaries, trustees, and guardians and for the sinking funds of municipalities, counties, school districts, or other political corporations or subdivisions of this state.(b)  The bonds are eligible to secure the deposit of all public funds of this state and any public funds of municipalities, counties, school districts, or other political corporations or subdivisions of this state and are lawful and sufficient security for those deposits to the extent of their par value when accompanied by all unmatured coupons.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.026 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.|
TX Spec Dist Code § 8503.027 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.027. Construction

Sec. 8503.027.  CONSTRUCTION.  (a)  This chapter and all of its terms and provisions shall be liberally construed to carry out the purposes set forth in this chapter.(b)  Nothing in this chapter affects the meaning of Section 8503.011, formerly Section 222.011, Water Code, and Section 9, Chapter 74, Acts of the 64th Legislature, Regular Session, 1975, as it existed prior to the adoption of the former Chapter 222, Water Code, except where specifically amended.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.027 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(p), eff. September 1, 2007.|
TX Spec Dist Code § 8503.028 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.028. Authority Powers in Lampasas County

Sec. 8503.028.  AUTHORITY POWERS IN LAMPASAS COUNTY.  Notwithstanding any other provision of this chapter, the authority may exercise all powers within Lampasas County that it may otherwise exercise within the 10 counties specified in Section 8503.003, except that the authority may not provide water or wastewater services in the portion of Lampasas County outside the Colorado River watershed without the consent of the Brazos River Authority.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.028 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(q), eff. September 1, 2007.|
TX Spec Dist Code § 8503.031 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8503 - Lower Colorado River Authority|Section 8503.031. Authority of Municipality to Contract for Water

Sec. 8503.031.  AUTHORITY OF MUNICIPALITY TO CONTRACT FOR WATER.  Section 8503.030 constitutes full authority for a municipality or municipally owned utility to enter into a contract with the authority under that section.  The payments made under a contract authorized by that section are operation and maintenance expenses of the municipality's utility system.  A municipality or municipally owned utility that enters into a contract under that section may use proceeds from the sale of its revenue bonds to make any such payments.|Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.Renumbered from Water Code, Section 222.031 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(s), eff. September 1, 2007.|