1-1 By: Barrientos S.B. No. 197 1-2 (In the Senate - Filed January 20, 1999; January 28, 1999, 1-3 read first time and referred to Committee on Natural Resources; 1-4 April 8, 1999, reported favorably by the following vote: Yeas 5, 1-5 Nays 0; April 8, 1999, sent to printer.) 1-6 A BILL TO BE ENTITLED 1-7 AN ACT 1-8 relating to the dissolution of Travis County Water Control and 1-9 Improvement District No. 14 and the validation of certain actions 1-10 of the district's board of directors. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. DEFINITIONS. In this Act: 1-13 (1) "City" means the City of Austin. 1-14 (2) "District" means the Travis County Water Control 1-15 and Improvement District No. 14. 1-16 SECTION 2. LEGISLATIVE FINDINGS. The legislature finds 1-17 that: 1-18 (1) on July 8, 1998, the district entered into an 1-19 agreement with the city providing for the transfer and management 1-20 of the district's water distribution system and other property, 1-21 assets, and liabilities as part of the city's water treatment and 1-22 distribution system; 1-23 (2) all conditions of the agreement for the transfer 1-24 of the district's water distribution system and other property, 1-25 assets, and liabilities to the city have been satisfied in all 1-26 respects; 1-27 (3) the district has transferred its water 1-28 distribution system and other property, assets, and liabilities to 1-29 the city and the city has assumed the responsibility for payment of 1-30 the district's bonded indebtedness and other liabilities, 1-31 obligations, and functions of the district in accordance with the 1-32 transfer agreement; 1-33 (4) the district has concluded its business affairs 1-34 and the district is ready to be dissolved as contemplated by the 1-35 transfer agreement; and 1-36 (5) there is no reason for the continued existence of 1-37 the district. 1-38 SECTION 3. DISSOLUTION OF DISTRICT. The district is 1-39 dissolved on the effective date of this Act. 1-40 SECTION 4. VALIDATION. (a) Any action taken before January 1-41 1, 1999, by the board of directors of the district pertaining to 1-42 the transfer of the district's water distribution system and other 1-43 property, assets, and liabilities is in all respects validated as 1-44 of the date the action was taken and shall be treated as if the 1-45 action had originally been authorized and accomplished in 1-46 accordance with law. 1-47 (b) This section does not apply to any matter that on the 1-48 effective date of this Act: 1-49 (1) is involved in litigation if in the course of the 1-50 litigation the matter is held invalid by a final judgment of a 1-51 court of competent jurisdiction; or 1-52 (2) has been held invalid by a final judgment of a 1-53 court of competent jurisdiction. 1-54 SECTION 5. EMERGENCY. The importance of this legislation 1-55 and the crowded condition of the calendars in both houses create an 1-56 emergency and an imperative public necessity that the 1-57 constitutional rule requiring bills to be read on three several 1-58 days in each house be suspended, and this rule is hereby suspended, 1-59 and that this Act take effect and be in force from and after its 1-60 passage, and it is so enacted. 1-61 * * * * *