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House Bill 4690 |
House Author: Thompson, Ed |
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Effective: 6-2-19 |
Senate Sponsor: Taylor |
House Bill 4690 amends the law to set out and revise provisions relating to the Gulf Coast Water Authority. Among other provisions, the bill expands the authority's territory to include Brazoria County and Fort Bend County and provides for the authority's power to apply for and receive loans, secure obligations under a loan or other contract for borrowed money with a pledge of district revenues or the proceeds of future borrowings, and accept contributions. The bill exempts certain contracts and agreements made by the authority from otherwise applicable competitive bidding and contract procurement or delivery requirements, authorizes the authority's board of directors by resolution to authorize the creation of a nonprofit corporation to assist and act for the authority in implementing or providing an authorized project or service, and grants the authority certain powers relating to the production and purification of water for agricultural, municipal, or industrial purposes. The bill revises provisions relating to the board, including authorizing the removal of a director for inefficiency, neglect of duty, or misconduct of office. The bill sets out provisions relating to director conflicts of interest, board meetings held by telephone conference call, the role of the authority's general manager, notice for the sale or disposal of certain authority personal property, and water project contracts and agreements. The bill revises provisions relating to the authority's bond authority and authorizes the board to issue bond anticipation notes or enter into a loan to pay the costs to meet an applicable emergency need.