BILL ANALYSIS
Senate Research Center H.B. 4060
By: Parker (Estes)
AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
H.B. 4060 creates the Four Seasons Ranch Municipal Utility District No. 1 of Denton and Grayson Counties (district) which will encompass an area within the extraterritorial jurisdiction of the City of Pilot Point, Texas. As a municipal utility district (MUD), the district is authorized by Section 59 (Conservation and Development of Natural Resources and Parks and Recreational Facilities; Conservation and Reclamation Districts), Article 16, and Section 52 (Counties, Cities or Other Political Corporations or Subdivisions; Lending Credit; Grant; Bonds), Article 3, Texas Constitution, and governed by Chapter 49 (Provisions Applicable to All Districts) and Chapter 54 (Municipal Utility District), Water Code. The district would serve as a financing vehicle to purchase, acquire, and construct public infrastructure, such as water, sewer, drainage, and roadway facilities.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Subtitle F, Title 6, Special District Local Laws Code, by adding Chapter 8208, as follows:
CHAPTER 8208. FOUR SEASONS RANCH MUNICIPAL UTILITY DISTRICT NO. 1 OF DENTON COUNTY
Sets forth standard language for the creation of the Four Seasons Ranch Municipal Utility District No. 1 of Denton and Grayson Counties (district). Sets forth standards, procedures, requirements, and criteria for:
Creation and approval of the district (Sections 8208.001 - 8208.020);
Size, composition, election, and terms of the board of directors of the district (Sections 8208.021 - 8208.100);
Powers and duties of the district (Section 8208.101 - 8208.150); and
General financial provisions and authority to impose taxes and to issue bonds and obligations for the district (Sections 8208.151 - 8208.201).
Authorizes the use of eminent domain by the district.
SECTION 2. Sets forth the initial boundaries of the district.
SECTION 3. Provides that all requirements of the constitution and the laws of this state and the rules and procedures of the legislature with respect to the notice, introduction, and passage of this Act are fulfilled and accomplished.
SECTION 4. Effective date: September 1, 2007.