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Amend Amendment No. 1 by King on page 24, between lines 9 and
10, by inserting the following:
Sec. 68.402. CERTAIN PUBLIC IMPROVEMENT PROJECTS BY
MUNICIPALLY OWNED UTILITY. (a) Except as provided by Subsection
(b), money that a municipally owned utility has set aside to pay the
costs of a public improvement project that consists of burying the
facilities of the utility shall first be used for that purpose.
(b) If the municipality or municipally owned utility is
required to reimburse a communications network provider for the
relocation of a communications facility under Section 68.101, the
municipality or municipally owned utility may use the money
described by Subsection (a) to pay all or part of the cost of that
reimbursement.