Amend SB 1427 as follows: 1. Amend SECTION 5 of the bill by adding the following new Subdivision (20) to Section 396.005(a), Local Government Code, at page 5, line 18: (20)(a) Notwithstanding any provision of this act, the authority will continue to be served by the current provider of electricity and related services to the authority until September 1, 2001. (b) Before September 1, 2001, the Public Utility Commission shall study the electric utility infrastructure of the authority and determine a reasonable purchase price for the infrastructure. The authority shall reimburse the commission for the cost of hiring a consultant to prepare and present a study of a reasonable purchase price for the infrastructure, if the commission determines a consultant is necessary. (c) Any delegation of the exercise of power and the provision of electric services provided for in subsection (19) will be effected through a competitive sealed proposal procedure. The delegation must be awarded to the responsible offeror whose proposal is determined to be the most advantageous to the authority, after considering the relative importance of price and other evaluation factors included in the request for proposals. The authority may include as an evaluation factor any criteria the board determines to be relevant to the delegation. The authority may reject any and all proposals. The authority may not accept a proposal for the acquisition of the electric utility infrastructure of the authority in which the offered amount is less than the reasonable purchase price determined by the Public Utility Commission. The provisions of Chapter 252, including Section 252.042(b) and related provisions, of the Local Government Code shall control procedures where not otherwise inconsistent with the provisions herein. 2. Amend SECTION 6 of the bill by adding the following new Subsection (20) to Section 2311.022, Government Code, at page 8, line 10: (20)(a) Notwithstanding any provision of this act, the authority will continue to be served by the current provider of electricity and related services to the authority until September 1, 2001. (b) Before September 1, 2001, the Public Utility Commission shall study the electric utility infrastructure of the authority and determine a reasonable purchase price for the infrastructure. The authority shall reimburse the commission for the cost of hiring a consultant to prepare and present a study of a reasonable purchase price for the infrastructure, if the commission determines a consultant is necessary. (c) Any delegation of the exercise of power and the provision of electric services provided for in subsection (19) will be effected through a competitive sealed proposal procedure. The delegation must be awarded to the responsible offeror whose proposal is determined to be the most advantageous to the authority, after considering the relative importance of price and other evaluation factors included in the request for proposals. The authority may include as an evaluation factor any criteria the board determines to be relevant to the delegation. The authority may reject any and all proposals. The authority may not accept a proposal for the acquisition of the electric utility infrastructure of the authority in which the offered amount is less than the reasonable purchase price determined by the Public Utility Commission. The provisions of Chapter 252, including Section 252.042(b) and related provisions, of the Local Government Code shall control procedures where not otherwise inconsistent with the provisions herein.