By: Sadler H.B. No. 913 73R3144 MLR-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the dissolution of the Little Cypress Utility District. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. DISTRICT TO BE DISSOLVED. The Little Cypress 1-5 Utility District shall be dissolved as provided by this Act. 1-6 SECTION 2. DISSOLUTION PLAN. The board of directors of the 1-7 Little Cypress Utility District shall develop and adopt a plan for 1-8 dissolution of the district that includes liquidation of its debts 1-9 and liabilities and the transfer of assets of the district in 1-10 accordance with this Act. The term of any director whose term of 1-11 office is due to expire before September 1, 1993, is extended to 1-12 terminate with the dissolution of the district. 1-13 SECTION 3. TRANSFER OF ASSETS. Not later than September 1, 1-14 1993, the board of directors of the Little Cypress Utility District 1-15 shall pay or provide for the payment of all debts and liabilities 1-16 and transfer all of its assets to the city of Longview. 1-17 SECTION 4. DATE OF DISSOLUTION. On the latter of September 1-18 1, 1993, or the date the requirements of Section 3 of this Act are 1-19 accomplished, the Little Cypress Utility District is dissolved, and 1-20 any unsatisfied debt or legally established liability of the 1-21 district shall be a charge on the assets transferred until paid. 1-22 SECTION 5. REPEALER. On the dissolution of the district, 1-23 Chapter 772, Acts of the 69th Legislature, Regular Session, 1985, 1-24 and Chapter 146, Acts of the 70th Legislature, Regular Session, 2-1 1987, are repealed. 2-2 SECTION 6. EMERGENCY. The importance of this legislation 2-3 and the crowded condition of the calendars in both houses create an 2-4 emergency and an imperative public necessity that the 2-5 constitutional rule requiring bills to be read on three several 2-6 days in each house be suspended, and this rule is hereby suspended, 2-7 and that this Act take effect and be in force from and after its 2-8 passage, and it is so enacted.