By: Brown S.B. No. 896
A BILL TO BE ENTITLED
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 cost for public improvements necessitated by the developer.
1-8 In addition, the contract may also allow participation by the
1-9 municipality at a level not to exceed 100 percent of the total cost
1-10 for any oversizing of improvements required by the municipality,
1-11 including but not limited to increased capacity of improvements to
1-12 anticipate other future development in the area [contract price].
1-13 The municipality is liable only for the agreed payment of its
1-14 share, which shall be determined in advance either as a lump sum or
1-15 as a factor or percentage of the total actual cost as determined by
1-16 municipal ordinance.
1-17 SECTION 2. The importance of this legislation and the
1-18 crowded condition of the calendars in both houses create an
1-19 emergency and an imperative public necessity that the
1-20 constitutional rule requiring bills to be read on three several
1-21 days in each house be suspended, and this rule is hereby suspended.
1-22 COMMITTEE AMENDMENT NO. 1
1-23 Amend S.B. No. 896, by Senator Brown as follows:
1-24 (1) On page 1, line 7, after "total" strike: "cost for
2-1 public improvements necessitated by the developer".
2-2 (2) On page 1, line 7, after "total" insert: "contract
2-3 price".
2-4 (3) On page 1, line 12, after "area" strike: "[contract
2-5 price]".
2-6 Clark