AN ACT 1-1 relating to municipal participation in contracted developer cost. 1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-3 SECTION 1. Subsection (b), Section 212.072, Local Government 1-4 Code, is amended to read as follows: 1-5 (b) The contract must establish the limit of participation 1-6 by the municipality at a level not to exceed 30 percent of the 1-7 total contract price. In addition, the contract may also allow 1-8 participation by the municipality at a level not to exceed 100 1-9 percent of the total cost for any oversizing of improvements 1-10 required by the municipality, including but not limited to 1-11 increased capacity of improvements to anticipate other future 1-12 development in the area. The municipality is liable only for the 1-13 agreed payment of its share, which shall be determined in advance 1-14 either as a lump sum or as a factor or percentage of the total 1-15 actual cost as determined by municipal ordinance. 1-16 SECTION 2. The importance of this legislation and the 1-17 crowded condition of the calendars in both houses create an 1-18 emergency and an imperative public necessity that the 1-19 constitutional rule requiring bills to be read on three several 1-20 days in each house be suspended, and this rule is hereby suspended. _______________________________ _______________________________ President of the Senate Speaker of the House I hereby certify that S.B. No. 896 passed the Senate on April 26, 1999, by the following vote: Yeas 30, Nays 0; and that the Senate concurred in House amendment on May 28, 1999, by a viva-voce vote. _______________________________ Secretary of the Senate I hereby certify that S.B. No. 896 passed the House, with amendment, on May 25, 1999, by a non-record vote. _______________________________ Chief Clerk of the House Approved: _______________________________ Date _______________________________ Governor