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.