By:  Barrientos                                        S.B. No. 197
                                A BILL TO BE ENTITLED
                                       AN ACT
 1-1     relating to the dissolution of Travis County Water Control and
 1-2     Improvement District No. 14 and the validation of certain actions
 1-3     of the district's board of directors.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  DEFINITIONS.  In this Act:
 1-6                 (1)  "City" means the City of Austin.
 1-7                 (2)  "District" means the Travis County Water Control
 1-8     and Improvement District No. 14.
 1-9           SECTION 2.  LEGISLATIVE FINDINGS.  The legislature finds
1-10     that:
1-11                 (1)  on July 8, 1998, the district entered into an
1-12     agreement with the city providing for the transfer and management
1-13     of the district's water distribution system and other property,
1-14     assets, and liabilities as part of the city's water treatment and
1-15     distribution system;
1-16                 (2)  all conditions of the agreement for the transfer
1-17     of the district's water distribution system and other property,
1-18     assets, and liabilities to the city have been satisfied in all
1-19     respects;
1-20                 (3)  the district has transferred its water
1-21     distribution system and other property, assets, and liabilities to
1-22     the city and the city has assumed the responsibility for payment of
1-23     the district's bonded indebtedness and other liabilities,
1-24     obligations, and functions of the district in accordance with the
 2-1     transfer agreement;
 2-2                 (4)  the district has concluded its business affairs
 2-3     and the district is ready to be dissolved as contemplated by the
 2-4     transfer agreement; and
 2-5                 (5)  there is no reason for the continued existence of
 2-6     the district.
 2-7           SECTION 3.  DISSOLUTION OF DISTRICT.  The district is
 2-8     dissolved on the effective date of this Act.
 2-9           SECTION 4.  VALIDATION.  (a)  Any action taken before January
2-10     1, 1999, by the board of directors of the district pertaining to
2-11     the transfer of the district's water distribution system and other
2-12     property, assets, and liabilities is in all respects validated as
2-13     of the date the action was taken and shall be treated as if the
2-14     action had originally been authorized and accomplished in
2-15     accordance with law.
2-16           (b)  This section does not apply to any matter that on the
2-17     effective date of this Act:
2-18                 (1)  is involved in litigation if in the course of the
2-19     litigation the matter is held invalid by a final judgment of a
2-20     court of competent jurisdiction; or
2-21                 (2)  has been held invalid by a final judgment of a
2-22     court of competent jurisdiction.
2-23           SECTION 5.  EMERGENCY.  The importance of this legislation
2-24     and the crowded condition of the calendars in both houses create an
2-25     emergency and an imperative public necessity that the
2-26     constitutional rule requiring bills to be read on three several
 3-1     days in each house be suspended, and this rule is hereby suspended,
 3-2     and that this Act take effect and be in force from and after its
 3-3     passage, and it is so enacted.