Enrolled Bill Summary

            This act amends the Local Government Code to direct the Public Utility Commission, before September 1, 2001, to study the electric utility infrastructure of the Lubbock Reese Redevelopment Authority and to determine a reasonable purchase price for that infrastructure. The authority may not accept an acquisition offer less than the commission price. Until the above date, the authority continues to be served by its current provider of electricity. The act grants the authority certain powers of municipal utility districts and certain general law water districts and empowers it to provide all other utility services on an immediate basis without the need for state regulatory approvals. The authority may delegate its powers and service provision, through a competitive sealed proposal procedure, to a neighboring city or other utility providers. The act empowers the authority to undertake certain improvement projects.