AN ACT
 1-1     relating to the powers of municipalities that have created certain
 1-2     reinvestment zones.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1.  Section 311.008, Tax Code, is amended to read as
 1-5     follows:
 1-6           Sec. 311.008.  POWERS OF MUNICIPALITY.  (a)  In this section,
 1-7     "educational facility" includes equipment, real property, and other
 1-8     facilities, including a public school building, that are used or
 1-9     intended to be used jointly by the municipality and an independent
1-10     school district.
1-11           (b)  A municipality may exercise any power necessary and
1-12     convenient to carry out this chapter, including the power to:
1-13                 (1)  cause project plans to be prepared, approve and
1-14     implement the plans, and otherwise achieve the purposes of the
1-15     plan;
1-16                 (2)  acquire real property by purchase, condemnation,
1-17     or other means to implement project plans and sell that property on
1-18     the terms and conditions and in the manner it considers advisable;
1-19                 (3)  enter into agreements, including agreements with
1-20     bondholders, determined by the governing body of the municipality
1-21     to be necessary or convenient to implement project plans and
1-22     achieve their purposes, which agreements may include conditions,
1-23     restrictions, or covenants that run with the land or that by other
1-24     means regulate or restrict the use of land; and
 2-1                 (4)  consistent with the project plan for the zone:
 2-2                       (A)  acquire blighted, deteriorated,
 2-3     deteriorating, undeveloped, or inappropriately developed real
 2-4     property or other property in a blighted area or in a federally
 2-5     assisted new community in the zone for the preservation or
 2-6     restoration of historic sites, beautification or conservation, the
 2-7     provision of public works or public facilities, or other public
 2-8     purposes; [or]
 2-9                       (B)  acquire, construct, reconstruct, or install
2-10     public works, facilities, or sites or other public improvements,
2-11     including utilities, streets, street lights, water and sewer
2-12     facilities, pedestrian malls and walkways, parks, flood and
2-13     drainage facilities, [educational facilities,] or parking
2-14     facilities, but not including educational facilities; or
2-15                       (C)  in a reinvestment zone created on or before
2-16     September 1, 1999, acquire, construct, or reconstruct educational
2-17     facilities in the municipality.
2-18           (c) [(b)]  The powers authorized by Subsection (b)(2)
2-19     [(a)(2)] prevail over any law or municipal charter to the contrary.
2-20           (d) [(c)]  A municipality may make available to the public on
2-21     request financial information regarding the acquisition by the
2-22     municipality of land in the zone when the municipality acquires the
2-23     land.
2-24           SECTION 2.  The importance of this legislation and the
2-25     crowded condition of the calendars in both houses create an
2-26     emergency and an imperative public necessity that the
 3-1     constitutional rule requiring bills to be read on three several
 3-2     days in each house be suspended, and this rule is hereby suspended,
 3-3     and that this Act take effect and be in force from and after its
 3-4     passage, and it is so enacted.
         _______________________________     _______________________________
             President of the Senate              Speaker of the House
               I hereby certify that S.B. No. 824 passed the Senate on
         May 3, 1999, by the following vote:  Yeas 30, Nays 0; and that the
         Senate concurred in House amendment on May 29, 1999, by the
         following vote:  Yeas 30, Nays 0.
                                             _______________________________
                                                 Secretary of the Senate
               I hereby certify that S.B. No. 824 passed the House, with
         amendment, on May 26, 1999, by the following vote:  Yeas 144,
         Nays 0, two present not voting.
                                             _______________________________
                                                 Chief Clerk of the House
         Approved:
         _______________________________
                     Date
         _______________________________
                   Governor