By Barrientos S.B. No. 197 76R3611 WP-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the dissolution of Travis County Water Control and 1-3 Improvement District No. 14 and the validation of certain actions 1-4 of the district's board of directors. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. DEFINITIONS. In this Act: 1-7 (1) "City" means the city of Austin. 1-8 (2) "District" means the Travis County Water Control 1-9 and Improvement District No. 14. 1-10 SECTION 2. LEGISLATIVE FINDINGS. The legislature finds 1-11 that: 1-12 (1) on July 8, 1998, the district entered into an 1-13 agreement with the city providing for the transfer and management 1-14 of the district's water distribution system and other property, 1-15 assets, and liabilities as part of the city's water treatment and 1-16 distribution system; 1-17 (2) all conditions of the agreement for the transfer 1-18 of the district's water distribution system and other property, 1-19 assets, and liabilities to the city have been satisfied in all 1-20 respects; 1-21 (3) the district has transferred its water 1-22 distribution system and other property, assets, and liabilities to 1-23 the city and the city has assumed the responsibility for payment of 1-24 the district's bonded indebtedness and other liabilities, 2-1 obligations, and functions of the district in accordance with the 2-2 transfer agreement; 2-3 (4) the district has concluded its business affairs 2-4 and the district is ready to be dissolved as contemplated by the 2-5 transfer agreement; and 2-6 (5) there is no reason for the continued existence of 2-7 the district. 2-8 SECTION 3. DISSOLUTION OF DISTRICT. The district is 2-9 dissolved on the effective date of this Act. 2-10 SECTION 4. VALIDATION. (a) Any action taken before January 2-11 1, 1999, by the board of directors of the district pertaining to 2-12 the transfer of the district's water distribution system and other 2-13 property, assets, and liabilities is in all respects validated as 2-14 of the date the action was taken and shall be treated as if the 2-15 action had originally been authorized and accomplished in 2-16 accordance with law. 2-17 (b) This section does not apply to any matter that on the 2-18 effective date of this Act: 2-19 (1) is involved in litigation if in the course of the 2-20 litigation the matter is held invalid by a final judgment of a 2-21 court of competent jurisdiction; or 2-22 (2) has been held invalid by a final judgment of a 2-23 court of competent jurisdiction. 2-24 SECTION 5. EMERGENCY. The importance of this legislation 2-25 and the crowded condition of the calendars in both houses create an 2-26 emergency and an imperative public necessity that the 2-27 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.