By Brown S.B. No. 885 76R7149 CBH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to arbitration of a decision of a transit authority 1-3 relating to financing of a venue project. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 334.0236, Local Government Code, is 1-6 amended by amending Subsection (c) and adding Subsection (e) to 1-7 read as follows: 1-8 (c) If the authority again determines that implementation 1-9 will have a significant negative impact on the authority's ability 1-10 to provide services or will impair an existing contract, the 1-11 written analysis required under Subsection (b) must include 1-12 additional information on how to change the resolution so that 1-13 implementation will not have a significant negative impact on the 1-14 authority's ability to provide services and will not impair an 1-15 existing contract. The municipality or county may resubmit the 1-16 resolution or may submit the matter for binding arbitration under 1-17 Chapter 171, Civil Practice and Remedies Code, and in accordance 1-18 with Subsection (e). 1-19 (e) Arbitration of a matter submitted under Subsection (c) 1-20 must be conducted by a board of three arbitrators. The 1-21 municipality or county shall appoint one arbitrator. The transit 1-22 authority shall appoint one arbitrator. The arbitrators appointed 1-23 by the municipality or county and the transit authority shall 1-24 appoint the third arbitrator. The municipality or county and the 2-1 transit authority shall each pay its own expenses and shall equally 2-2 pay the arbitrator fees and costs. 2-3 SECTION 2. The importance of this legislation and the 2-4 crowded condition of the calendars in both houses create an 2-5 emergency and an imperative public necessity that the 2-6 constitutional rule requiring bills to be read on three several 2-7 days in each house be suspended, and this rule is hereby suspended, 2-8 and that this Act take effect and be in force from and after its 2-9 passage, and it is so enacted.