By Clark H.B. No. 1362
76R3883 JJT-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the selection of appraisers for the determination of
1-3 compensation paid to a retail public utility on annexation.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 13.255, Water Code, is amended by
1-6 amending Subsection (l) and by adding Subsection (n) to read as
1-7 follows:
1-8 (l) Except as provided by Subsection (n), the amount of
1-9 compensation to be paid to a retail public utility under this
1-10 section [The compensation provided under Subsection (g)] shall be
1-11 determined by a qualified individual or firm to serve as
1-12 independent appraiser, who shall be selected by the affected retail
1-13 public utility. The determination of compensation by the
1-14 independent appraiser shall be binding on the commission. The
1-15 costs of the independent appraiser shall be borne by the
1-16 municipality.
1-17 (n) If the affected retail public utility is located in an
1-18 area annexed under Section 43.023, 43.024, 43.025, or 43.028, Local
1-19 Government Code, the amount of compensation to be paid to the
1-20 utility shall be determined by a qualified individual or firm
1-21 serving as independent appraiser to which the utility and the
1-22 municipality agree. If the utility and the municipality are unable
1-23 to agree on a single individual or firm to serve as independent
1-24 appraiser, on or before the 10th working day after the utility or
2-1 municipality notifies the other of the impasse, the utility and
2-2 municipality each shall appoint an individual or firm to serve as
2-3 independent appraiser. On or before the 10th working day after
2-4 their appointment, the independent appraisers shall meet to attempt
2-5 to reach an agreed determination of the amount of compensation. If
2-6 the appraisers are unable to agree on a determination of
2-7 compensation before the 16th working day after the first meeting,
2-8 the utility or the municipality may petition the commission or a
2-9 person designated by the commission for this purpose to appoint a
2-10 third independent appraiser to reconcile the appraisals of the
2-11 other appraisers. The determination of the third appraiser may not
2-12 be less than the lesser or more than the greater of the two
2-13 appraisals. A determination of compensation reached under this
2-14 subsection is binding on the commission. The utility and the
2-15 municipality shall share equally the costs of a third appraiser
2-16 appointed under this subsection.
2-17 SECTION 2. The importance of this legislation and the
2-18 crowded condition of the calendars in both houses create an
2-19 emergency and an imperative public necessity that the
2-20 constitutional rule requiring bills to be read on three several
2-21 days in each house be suspended, and this rule is hereby suspended,
2-22 and that this Act take effect and be in force from and after its
2-23 passage, and it is so enacted.