reglab/housing_qa huggingface dataset:
TX Spec Dist Code § 8501.163 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter D. Powers and Duties|Section 8501.163. Powers Relating to Contract, Lease, Agreement, or Conveyance

Sec. 8501.163.  POWERS RELATING TO CONTRACT, LEASE, AGREEMENT, OR CONVEYANCE.  (a)  The authority may enter into a contract, lease, or other agreement necessary or convenient to carry out a power given to the authority by this chapter.(b)  The authority may enter into the contract, lease, or agreement with any person, including:(1)  an individual or artificial entity;(2)  a corporation, including a municipal corporation and a public or private corporation;  and(3)  a government or governmental agency, including the United States and this state.(c)  The authority may:(1)  convey or cause to be conveyed any of its property to the United States;  and(2)  enter into a lease, regardless of whether it includes a privilege of purchase, with the United States relating to any property and obligate the authority to pay rent under the lease from the income or other revenue of the property.(d)  A contract, lease, or agreement under this section must be approved by resolution of the board and must be executed by the president and attested by the secretary-treasurer.(e)  This section does not authorize the assumption by the authority of any obligation requiring a payment from taxes.(f)  The property to which Subsection (c) applies includes a right, land, tenement, easement, improvement, reservoir, dam, canal, plant, lateral, work, and facility.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.164 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter D. Powers and Duties|Section 8501.164. Right of Eminent Domain

Sec. 8501.164.  RIGHT OF EMINENT DOMAIN.  (a)  The authority may exercise the power of eminent domain to acquire fee simple title to, or an easement over or through, any land, water, or land under water that is necessary or convenient for carrying out any purpose or power given to the authority by this chapter.  The power applies to private or public property inside or outside the authority.(b)  A condemnation proceeding is under the direction of the board and must be in the name of the authority.(c)  The assessment of damages and all procedures related to condemnation, appeal, and payment must conform to Chapter 21, Property Code.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.165 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter D. Powers and Duties|Section 8501.165. Coordination and Joint Undertakings Among Districts

Sec. 8501.165.  COORDINATION AND JOINT UNDERTAKINGS AMONG DISTRICTS.  (a)  A drainage, conservation, reclamation, or other district created by this state with powers provided in Section 59, Article XVI, Texas Constitution, may:(1)  coordinate its plans with the authority;  and(2)  enter into joint undertakings with the authority for the purposes for which the entities are created.(b)  The acts taken under Subsection (a) must be approved by a majority of the boards of directors of all the districts involved.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.166 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter D. Powers and Duties|Section 8501.166. No Authority for Tax or Special Assessment

Sec. 8501.166.  NO AUTHORITY FOR TAX OR SPECIAL ASSESSMENT.  This chapter does not authorize the authority to impose a tax or special assessment or to create any debt payable from taxes.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.201 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter E. General Financial Matters|Section 8501.201. Procedure for Payment

Sec. 8501.201.  PROCEDURE FOR PAYMENT.  A warrant for the payment of money by the authority may be drawn and signed by the president and the secretary-treasurer if the account under which the payment is to be made results from a contract made by the board and is ordered paid by the board.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.202 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter E. General Financial Matters|Section 8501.202. Records Relating to Money

Sec. 8501.202.  RECORDS RELATING TO MONEY.  The secretary-treasurer shall:(1)  receive and give a receipt for all money received by the authority;  and(2)  keep records of all money received and spent by the authority.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.203 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter E. General Financial Matters|Section 8501.203. Filing of Audit

Sec. 8501.203.  FILING OF AUDIT.  In addition to copies of the annual audit of the authority that are filed as required by Section 49.194, Water Code, a copy shall be filed with the depository of the authority and the office of the auditor.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.204 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter E. General Financial Matters|Section 8501.204. Fees

Sec. 8501.204.  FEES.  (a)  The board shall prescribe fees to be collected for:(1)  the use of water;(2)  a water connection;  or(3)  another service.(b)  The board shall set the fees in amounts that are reasonable and equitable and sufficient to produce revenue adequate to pay the items described by Subsection (c).  The fees may not exceed what may be reasonably necessary to fulfill the obligations imposed on the authority by this chapter.(c)  The board shall pay the following items from the fees:(1)  all expenses necessary to the operation and maintenance of the improvements and facilities of the authority, including:(A)  the cost of the acquisition of materials and other property necessary to maintain the improvements and facilities in good condition and to operate them efficiently;(B)  necessary wages and salaries of the authority;  and(C)  other expenses reasonably necessary to the efficient operation of the improvements and facilities;(2)  the interest on any obligation issued under this chapter and payable from the revenue from the improvements and facilities;  and(3)  the amount required to be paid annually into the sinking fund for the payment of an obligation issued under this chapter and payable from the revenue of the improvements and facilities.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.205 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter E. General Financial Matters|Section 8501.205. Limitation on Use of Revenue

Sec. 8501.205.  LIMITATION ON USE OF REVENUE.  (a)  A charge on the revenue derived from the improvements and facilities of the authority may not be made if the principal or interest of any obligation issued under this chapter is unpaid.(b)  If the revenue derived from the improvements and facilities of the authority exceed the amount required for the payment of items under Section 8501.204(c), the board may pay the cost of improvements and replacements not covered by Section 8501.204(c)(1) and may establish a reasonable depreciation and emergency fund.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.251 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.251. Power to Borrow Money; Evidence of Obligation

Sec. 8501.251.  POWER TO BORROW MONEY;  EVIDENCE OF OBLIGATION.  The authority may:(1)  borrow money from any source, including an agency of the United States;  and(2)  issue a note, warrant, certificate of indebtedness, or other form of obligation of the authority as evidence of the borrowed money.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.252 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.252. Obligation Payable From Revenue

Sec. 8501.252.  OBLIGATION PAYABLE FROM REVENUE.  (a)  An obligation issued under this chapter by the authority may be made payable from and secured by a pledge of:(1)  all the revenue derived from the operations and devices of the authority's improvements and facilities, excluding any revenue derived from a tax or assessment;(2)  only the revenue derived from the operation of the authority's improvements and facilities acquired with the proceeds from the sale of the obligation;  or(3)  a specific part of the revenue derived from the operation of the authority's improvements and facilities.(b)  The proceedings authorizing the issuance of the obligation must identify the method described by Subsection (a) that is to be used to pay and secure the obligation.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.253 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.253. No Creation of Debt; No Payment From Taxes

Sec. 8501.253.  NO CREATION OF DEBT;  NO PAYMENT FROM TAXES.  (a)  An obligation issued under this chapter is not a debt or a pledge of credit of the authority.(b)  The obligation:(1)  may not be paid in whole or part from any money raised by taxation;  and(2)  must contain a recital to that effect.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.254 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.254. Time of Sale

Sec. 8501.254.  TIME OF SALE.  An obligation issued under this chapter shall be sold at the time determined by the board to be expedient and necessary to the interest of the authority.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.255 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.255. Maturity

Sec. 8501.255.  MATURITY.  An obligation issued under this chapter must mature not more than 50 years after its date in the manner provided by the board.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.256 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.256. Signatures

Sec. 8501.256.  SIGNATURES.  (a)  An obligation issued under this chapter must be signed by the president and secretary-treasurer of the board.  An interest coupon attached to an obligation may be executed with the facsimile signature of the president and secretary-treasurer.(b)  If an officer whose signature is on an obligation or coupon ceases to be an officer before the delivery of the obligation to the purchaser, the signature remains valid for all purposes.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.257 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.257. Lien on Revenue

Sec. 8501.257.  LIEN ON REVENUE.  (a)  If more than one series of obligations is issued under this chapter payable from and secured by identical revenue, the priority of a lien against that revenue depends on the time of delivery of the obligations.  A lien for a series of obligations is prior and superior to a lien for another series of obligations subsequently delivered.(b)  For an issue or series of obligations that are authorized as a unit but delivered periodically in blocks, the board may, in the proceedings authorizing the issuance of the obligations, provide that all the obligations of the issue or series are coequal as to lien regardless of the time of delivery.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.258 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.258. Sinking Fund: in General

Sec. 8501.258.  SINKING FUND:  IN GENERAL.  (a)  A resolution or order authorizing the issuance of obligations under this chapter must provide for the creation of a sinking fund.  Amounts sufficient to pay the principal of and interest on the obligations shall be paid into the fund from the revenue pledged to the payment of the obligations.  The payments into the fund shall be made monthly as the revenue is collected.(b)  In the manner provided by this chapter, the money in the sinking fund shall be applied, at or before maturity of the obligations, solely to:(1)  the payment of interest on the obligations for the payment of which the fund is created;  and(2)  the retirement of the obligations.(c)  A resolution or order authorizing the issuance of obligations under this chapter must provide that the revenue from which the obligations are to be paid and that is pledged to the payment of the obligations shall be:(1)  set apart and paid into the sinking fund monthly as the revenue accrues and is received;  and(2)  disbursed in the manner provided by this chapter.(d)  In determining the amount of revenue to be set apart, the board shall provide that the amount to be set apart and paid into the sinking fund in any year shall be not less than a fixed amount.  The fixed amount must be at least sufficient to:(1)  provide for the payment of the principal of and interest on all obligations maturing and becoming payable in the year;  and(2)  create a surplus or margin of 10 percent in excess of the amount needed under Subdivision (1).|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.259 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.259. Sinking Fund: Excess Money

Sec. 8501.259.  SINKING FUND:  EXCESS MONEY.  (a)  At the time obligations are authorized under this chapter, the board may provide that all money in the sinking fund in excess of the amount required for the payment of the principal of and interest on the outstanding obligations, for a period the board determines, shall be spent once each year under the board's order to purchase obligations for the account of which the sinking fund has been accumulated, if the obligations can be purchased at a price the board considers reasonable.(b)  The board may provide that, if the obligations contain an option permitting retirement before maturity, the excess amount shall be paid out as provided by this chapter for the purchase of the obligations.  If the board is unable to purchase sufficient obligations of the issue to absorb all the surplus, the board shall call for redemption of a sufficient amount of the obligations to absorb, so far as practicable, the entire surplus remaining in the sinking fund.(c)  The board may provide that any excess amount in the sinking fund that cannot be applied to the purchase or redemption of obligations shall remain in the sinking fund to be used for payment of principal or interest, when due, or for the subsequent call of obligations for purchase or redemption in the manner provided by this section.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.260 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.260. Covenants for Marketability

Sec. 8501.260.  COVENANTS FOR MARKETABILITY.  (a)  A resolution or order authorizing the issuance of obligations under this chapter may contain covenants with the holders of the obligations on the following subjects as considered necessary to ensure the marketability of the obligations:(1)  management and operation of the improvements and facilities of the authority;(2)  collection of fees for the use of the improvements and facilities;(3)  disposition of the fees;(4)  issuance of future obligations and creation of future liens, mortgages, and encumbrances against the improvements and facilities and the revenue of the improvements and facilities;  and(5)  other pertinent matters.(b)  The covenants may not be inconsistent with this chapter.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.261 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.261. Holder of Obligation May Compel Performance

Sec. 8501.261.  HOLDER OF OBLIGATION MAY COMPEL PERFORMANCE.  (a)  A holder of obligations issued under this chapter or of coupons originally attached to the obligations may enforce and compel the performance by the board of all duties required of the board by this chapter, including:(1)  setting and collecting reasonable and sufficient fees for the use of the improvements and facilities of the authority;(2)  segregating the income and revenue of the improvements and facilities;  and(3)  applying the income and revenue under this chapter.(b)  The holder of the obligations or coupons may act under Subsection (a):(1)  at law or in equity;  and(2)  by a suit, action, mandamus, or other proceeding.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.262 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.262. Holder of Obligation Entitled to Administrator or Receiver

Sec. 8501.262.  HOLDER OF OBLIGATION ENTITLED TO ADMINISTRATOR OR RECEIVER.  (a)  If there is a default in the payment of the principal of or interest on an obligation issued under this chapter, any holder of the obligation is entitled to have an administrator or receiver appointed by a court to administer and operate, on behalf of the authority and the holders of the obligation, the improvements and facilities the revenue of which is pledged to the payment of the obligation.(b)  The administrator or receiver may:(1)  set and collect fees sufficient to:(A)  provide for the payment of operation and maintenance expenses as described by this chapter;  and(B)  pay any outstanding obligations or interest coupons payable from the revenue of the improvements and facilities;  and(2)  apply the income and revenue of the improvements and facilities in accordance with this chapter and the proceedings authorizing the issuance of the obligation.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.263 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.263. Additional Security for Obligation: Mortgage and Encumbrance

Sec. 8501.263.  ADDITIONAL SECURITY FOR OBLIGATION:  MORTGAGE AND ENCUMBRANCE.  (a)  As additional security for the payment of an obligation issued under this chapter, the board may have executed in favor of the holders of the obligations an indenture mortgaging and encumbering:(1)  the improvements, facilities, and other property acquired with the proceeds of the sale of the obligation;  or(2)  all the improvements, facilities, and other property of the authority.(b)  In the encumbrance, the board may provide for granting to any purchaser at a foreclosure sale under the encumbrance a franchise to operate the improvements, facilities, and other property for a term not to exceed 50 years after the date of the purchase, subject to the laws regulating the matter.(c)  The indenture:(1)  may contain the provisions the board considers proper;  and(2)  is enforceable in the manner provided by the laws of this state for the enforcement of other mortgages and encumbrances.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.264 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.264. Sale Under Mortgage or Encumbrance

Sec. 8501.264.  SALE UNDER MORTGAGE OR ENCUMBRANCE.  (a)  Under a sale ordered under a mortgage or encumbrance described by Section 8501.263, a purchaser of the improvements, facilities, and other property at the sale, and the purchaser's successors or assigns, are vested with a permit and franchise to maintain and operate the improvements, facilities, and other property with powers and privileges like those held by the authority in the operation of the improvements, facilities, and other property.(b)  Instead of operating the improvements, facilities, and other property as provided by Subsection (a), the purchaser and the purchaser's successors or assigns may remove all or part of the improvements, facilities, and other property for diversion to other purposes.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|
TX Spec Dist Code § 8501.265 (2021)
2021 Texas Statutes|Special District Local Laws Code|Title 6 - Water and Wastewater|Subtitle G - River Authorities|Chapter 8501 - Angelina and Neches River Authority|Subchapter F. Obligations Relating to Borrowed Money|Section 8501.265. State Franchise Law Not Applicable

Sec. 8501.265.  STATE FRANCHISE LAW NOT APPLICABLE.  A statute of this state relating to the granting of franchises is not applicable to:(1)  the authorization or execution of a mortgage or encumbrance entered into under this chapter;  or(2)  the grant of a franchise under this chapter.|Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.|