By: Kleinschmidt H.B. No. 1841
  COMMITTEE SUBSTITUTE FOR H.B. No. 1841By:  Nichols By:  Nichols
         (In the Senate - Received from the House May 13, 2009;
  May 15, 2009, read first time and referred to Committee on
  Intergovernmental Relations; May 22, 2009, reported adversely,
  with favorable Committee Substitute by the following vote:  Yeas 5,
  Nays 0; May 22, 2009, sent to printer.)
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the creation of the XS Ranch Municipal Utility
  District; providing authority to impose a tax and issue bonds;
  granting a limited power of eminent domain.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subtitle F, Title 6, Special District Local Laws
  Code, is amended by adding Chapter 8306 to read as follows:
  CHAPTER 8306. XS RANCH MUNICIPAL UTILITY DISTRICT
  SUBCHAPTER A. GENERAL PROVISIONS
         Sec. 8306.001.  DEFINITIONS.  In this chapter:
               (1)  "Board" means the district's board of directors.
               (2)  "Commission" means the Texas Commission on
  Environmental Quality.
               (3)  "Director" means a board member.
               (4)  "District" means the XS Ranch Municipal Utility
  District.
         Sec. 8306.002.  NATURE OF DISTRICT. The district is a
  municipal utility district created under Section 59, Article XVI,
  Texas Constitution.
         Sec. 8306.003.  CONFIRMATION AND DIRECTORS' ELECTION
  REQUIRED. The temporary directors shall hold an election to
  confirm the creation of the district and to elect five permanent
  directors as provided by Section 49.102, Water Code.
         Sec. 8306.004.  CONSENT OF MUNICIPALITY REQUIRED. The
  temporary directors may not hold an election under Section 8306.003
  until each municipality in whose corporate limits or
  extraterritorial jurisdiction the district is located, including
  the City of Bastrop, has consented by ordinance or resolution to the
  creation of the district and to the inclusion of land in the
  district.
         Sec. 8306.005.  FINDINGS OF PUBLIC PURPOSE AND BENEFIT. (a)
  The district is created to serve a public purpose and benefit.
         (b)  The district is created to accomplish the purposes of:
               (1)  a municipal utility district as provided by
  general law and Section 59, Article XVI, Texas Constitution; and
               (2)  Section 52, Article III, Texas Constitution, that
  relate to the construction, acquisition, improvement, operation,
  or maintenance of macadamized, graveled, or paved roads, or
  improvements, including storm drainage, in aid of those roads.
         Sec. 8306.006.  INITIAL DISTRICT TERRITORY. (a) The
  district is initially composed of the territory described by
  Section 2 of the Act creating this chapter.
         (b)  The boundaries and field notes contained in Section 2 of
  the Act creating this chapter form a closure. A mistake made in the
  field notes or in copying the field notes in the legislative process
  does not affect the district's:
               (1)  organization, existence, or validity;
               (2)  right to issue any type of bond for the purposes
  for which the district is created or to pay the principal of and
  interest on a bond;
               (3)  right to impose a tax; or
               (4)  legality or operation.
  [Sections 8306.007-8306.050 reserved for expansion]
  SUBCHAPTER B. BOARD OF DIRECTORS
         Sec. 8306.051.  GOVERNING BODY; TERMS. (a) The district is
  governed by a board of five elected directors.
         (b)  Except as provided by Section 8306.052, directors serve
  staggered four-year terms.
         Sec. 8306.052.  TEMPORARY DIRECTORS. (a) The temporary
  board consists of:
               (1)  Mark Engels;
               (2)  Mark Oldemeyer;
               (3)  James Michael Sulester, Jr.;
               (4)  William Faust; and
               (5)  Don Montague.
         (b)  Temporary directors serve until the earlier of:
               (1)  the date permanent directors are elected under
  Section 8306.003; or
               (2)  the fourth anniversary of the effective date of
  the Act creating this chapter.
         (c)  If permanent directors have not been elected under
  Section 8306.003 and the terms of the temporary directors have
  expired, successor temporary directors shall be appointed or
  reappointed as provided by Subsection (d) to serve terms that
  expire on the earlier of:
               (1)  the date permanent directors are elected under
  Section 8306.003; or
               (2)  the fourth anniversary of the date of the
  appointment or reappointment.
         (d)  If Subsection (c) applies, the owner or owners of a
  majority of the assessed value of the real property in the district
  may submit a petition to the commission requesting that the
  commission appoint as successor temporary directors the five
  persons named in the petition. The commission shall appoint as
  successor temporary directors the five persons named in the
  petition.
  [Sections 8306.053-8306.100 reserved for expansion]
  SUBCHAPTER C. POWERS AND DUTIES
         Sec. 8306.101.  GENERAL POWERS AND DUTIES. The district has
  the powers and duties necessary to accomplish the purposes for
  which the district is created.
         Sec. 8306.102.  MUNICIPAL UTILITY DISTRICT POWERS AND
  DUTIES. The district has the powers and duties provided by the
  general law of this state, including Chapters 49 and 54, Water Code,
  applicable to municipal utility districts created under Section 59,
  Article XVI, Texas Constitution.
         Sec. 8306.103.  AUTHORITY FOR ROAD PROJECTS. Under Section
  52, Article III, Texas Constitution, the district may design,
  acquire, construct, finance, issue bonds for, improve, operate,
  maintain, and convey to this state, a county, or a municipality for
  operation and maintenance macadamized, graveled, or paved roads, or
  improvements, including storm drainage, in aid of those roads.
         Sec. 8306.104.  ROAD STANDARDS AND REQUIREMENTS. (a) A road
  project must meet all applicable construction standards, zoning and
  subdivision requirements, and regulations of each municipality in
  whose corporate limits or extraterritorial jurisdiction the road
  project is located.
         (b)  If a road project is not located in the corporate limits
  or extraterritorial jurisdiction of a municipality, the road
  project must meet all applicable construction standards,
  subdivision requirements, and regulations of each county in which
  the road project is located.
         (c)  If the state will maintain and operate the road, the
  Texas Transportation Commission must approve the plans and
  specifications of the road project.
         Sec. 8306.105.  COMPLIANCE WITH MUNICIPAL ORDINANCE OR
  RESOLUTION. (a) The district shall comply with all applicable
  requirements of any ordinance or resolution that is adopted under
  Section 54.016 or 54.0165, Water Code, and that consents to the
  creation of the district or to the inclusion of land in the
  district.
         (b)  Land in the district that is located in the City of
  Bastrop's extraterritorial jurisdiction is subject to municipal
  ordinances applicable to extraterritorial areas, unless the
  municipality's governing body waives compliance.
         Sec. 8306.106.  CONTRACT WITH CERTAIN MUNICIPALITIES
  REQUIRED. (a) The district may not exercise the powers and duties
  of a municipal utility district under this chapter unless the
  district enters into a written contract with any municipality in
  whose extraterritorial jurisdiction the district is wholly or
  partly located that:
               (1)  provides for the continuation of the
  extraterritorial status of the district or the district's
  annexation by the municipality;
               (2)  ensures that any development in the district
  occurs in a manner that furthers the health, safety, and welfare of
  the residents of the district; and
               (3)  includes other terms and consideration that the
  municipality determines to be reasonable and appropriate.
         (b)  A contract under this section may be renewed or extended
  for successive periods not to exceed 15 years.
         (c)  If the district does not enter into a contract under
  this section before the later of September 1, 2009, or the 30th day
  after the effective date of the Act creating this chapter, the
  board, at the board's sole discretion, may adopt an order
  dissolving the district if the district has no assets or
  obligations. If an order dissolving the district is adopted under
  this subsection, an original or certified copy of the order must be
  filed with the commission and in the real property records of any
  county in which the district is located.
         Sec. 8306.107.  EFFECT OF CHAPTER ON CITY OF BASTROP.
  Nothing in this chapter abrogates, diminishes, or otherwise alters
  any rights, powers, privileges, or functions of the City of Bastrop
  provided by the general law of this state, including Chapter 42,
  Local Government Code, and Chapter 54, Water Code, related to the
  creation of special districts in its extraterritorial
  jurisdiction.
         Sec. 8306.108.  LIMITATION ON USE OF EMINENT DOMAIN. The
  district may not exercise the power of eminent domain outside the
  district to acquire a site or easement for:
               (1)  a road project authorized by Section 8306.103; or
               (2)  a recreational facility as defined by Section
  49.462, Water Code.
         Sec. 8306.109.  DIVISION OF DISTRICT. (a) The district may
  be divided into two or more new districts only if:
               (1)  the district has no outstanding bonded debt;
               (2)  the district is not imposing ad valorem taxes; and
               (3)  the requirements of Subsection (i) are satisfied.
         (b)  This chapter applies to any new district created by the
  division of the district, and a new district has all the powers and
  duties of the district.
         (c)  Any new district created by the division of the district
  may not, at the time the new district is created, contain any land
  outside the area described by Section 2 of the Act creating this
  chapter.
         (d)  The board, on its own motion or on receipt of a petition
  signed by the owner or owners of a majority of the assessed value of
  the real property in the district, may adopt an order dividing the
  district.
         (e)  The board may adopt an order dividing the district
  before or after the date the board holds an election under Section
  8306.003 to confirm the district's creation.
         (f)  An order dividing the district shall:
               (1)  name each new district;
               (2)  include the metes and bounds description of the
  territory of each new district;
               (3)  appoint temporary directors for each new district;
  and
               (4)  provide for the division of assets and liabilities
  between or among the new districts.
         (g)  On or before the 30th day after the date of adoption of
  an order dividing the district, the district shall file the order
  with the commission and record the order in the real property
  records of each county in which the district is located.
         (h)  Any new district created by the division of the district
  shall hold a confirmation and directors' election as required by
  Section 8306.003.
         (i)  If the district is located wholly or partly in the
  corporate limits or the extraterritorial jurisdiction of a
  municipality, the district may not divide under this section unless
  the municipality by resolution or ordinance first consents to the
  division of the district. If the district is not located wholly or
  partly in the corporate limits or the extraterritorial jurisdiction
  of a municipality, the district may not divide under this section
  unless the commissioners court of each county in which the district
  is wholly or partly located first adopts a resolution or order in
  support of the division of the district.
         (j)  Any new district created by the division of the district
  must hold an election as required by this chapter to obtain voter
  approval before the district may impose a maintenance tax or issue
  bonds payable wholly or partly from ad valorem taxes.
  [Sections 8306.110-8306.150 reserved for expansion]
  SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS
         Sec. 8306.151.  ELECTIONS REGARDING TAXES OR BONDS. (a) The
  district may issue, without an election, bonds and other
  obligations secured by:
               (1)  revenue other than ad valorem taxes; or
               (2)  contract payments described by Section 8306.153.
         (b)  The district must hold an election in the manner
  provided by Chapters 49 and 54, Water Code, to obtain voter approval
  before the district may impose an ad valorem tax or issue bonds
  payable from ad valorem taxes.
         (c)  The district may not issue bonds payable from ad valorem
  taxes to finance a road project unless the issuance is approved by a
  vote of a two-thirds majority of the district voters voting at an
  election held for that purpose.
         Sec. 8306.152.  OPERATION AND MAINTENANCE TAX. (a) If
  authorized at an election held under Section 8306.151, the district
  may impose an operation and maintenance tax on taxable property in
  the district in accordance with Section 49.107, Water Code.
         (b)  The board shall determine the tax rate. The rate may not
  exceed the rate approved at the election.
         Sec. 8306.153.  CONTRACT TAXES. (a) In accordance with
  Section 49.108, Water Code, the district may impose a tax other than
  an operation and maintenance tax and use the revenue derived from
  the tax to make payments under a contract after the provisions of
  the contract have been approved by a majority of the district voters
  voting at an election held for that purpose.
         (b)  A contract approved by the district voters may contain a
  provision stating that the contract may be modified or amended by
  the board without further voter approval.
  [Sections 8306.154-8306.200 reserved for expansion]
  SUBCHAPTER E. BONDS AND OTHER OBLIGATIONS
         Sec. 8306.201.  AUTHORITY TO ISSUE BONDS AND OTHER
  OBLIGATIONS. The district may issue bonds or other obligations
  payable wholly or partly from ad valorem taxes, impact fees,
  revenue, contract payments, grants, or other district money, or any
  combination of those sources, to pay for any authorized district
  purpose.
         Sec. 8306.202.  TAXES FOR BONDS. At the time the district
  issues bonds payable wholly or partly from ad valorem taxes, the
  board shall provide for the annual imposition of a continuing
  direct ad valorem tax, without limit as to rate or amount, while all
  or part of the bonds are outstanding as required and in the manner
  provided by Sections 54.601 and 54.602, Water Code.
         Sec. 8306.203.  BONDS FOR ROAD PROJECTS. At the time of
  issuance, the total principal amount of bonds or other obligations
  issued or incurred to finance road projects and payable from ad
  valorem taxes may not exceed one-fourth of the assessed value of the
  real property in the district.
         SECTION 2.  The XS Ranch Municipal Utility District
  initially includes all the territory contained in the following
  area:
  A DESCRIPTION OF 2902.685 ACRES IN THE, THE ISAAC HARRIS SURVEY NO.
  2, ABSTRACT NO. 38, THE LEMAN BARKER SURVEY NO. 3, ABSTRACT NO. 6,
  THE S.M. WILLIAMS SURVEY NO. 4, ABSTRACT NO. 71, THE JOSIAH
  WILBARGER SURVEY NO. 5, ABSTRACT NO. 70, IN BASTROP COUNTY, TEXAS,
  CONSISTING OF:
  PART OF A 5566.770 ACRE TRACT (TRACT ONE-D), PART OF A 507.061 ACRE
  TRACT (TRACT ONE-C), PART OF A 19.149 ACRE TRACT (TRACT FIVE), PART
  OF A 54.912 ACRE TRACT (TRACT SIX), PART OF A 92.556 ACRE TRACT
  (TRACT SEVEN), PART OF A 160.346 ACRE TRACT (TRACT EIGHT), AND PART
  OF A 112.676 ACRE TRACT (TRACT NINE), ALL OF A 2.064 ACRE (TRACT
  TWO-A), ALL OF A 6.114 ACRE TRACT (TRACT TWO-B), CONVEYED TO XS
  RANCH FUND VI, L.P. IN A SPECIAL WARRANTY DEED WITH VENDOR'S LIEN
  DATED DECEMBER 19, 2006 AND RECORDED IN DOCUMENT NO. 200619026 OF
  THE OFFICIAL PUBLIC RECORDS OF BASTROP COUNTY, TEXAS;
  PART OF A 200.00 ACRE TRACT CONVEYED TO XS RANCH FUND VI, L.P. IN A
  SPECIAL WARRANTY DEED WITH VENDOR'S LIEN DATED DECEMBER 19, 2006
  AND RECORDED IN DOCUMENT NO. 200619025 OF THE OFFICIAL PUBLIC
  RECORDS OF BASTROP COUNTY, TEXAS; (THE 200.00 ACRE TRACT LIES
  WITHIN THE 5566.770 ACRE TRACT)
  PART OF A 758.026 ACRE TRACT AND PART OF A 1164.571 ACRE TRACT
  CONVEYED TO XS RANCH FUND VI, L.P. IN A SPECIAL WARRANTY DEED DATED
  JUNE 4, 2007 AND RECORDED IN DOCUMENT NO. 200708067 OF THE OFFICIAL
  PUBLIC RECORDS OF BASTROP COUNTY, TEXAS;
  PART OF A 885.050 ACRE TRACT CONVEYED TO XS RANCH FUND VI, L.P. IN A
  SPECIAL WARRANTY DEED DATED NOVEMBER 9, 2007 AND RECORDED IN
  DOCUMENT NO. 200716605 OF THE OFFICIAL PUBLIC RECORDS OF BASTROP
  COUNTY, TEXAS;
  AND ALL OF A 1.604 ACRE TRACT CONVEYED TO XS RANCH FUND VI, L.P. IN A
  SPECIAL WARRANTY DEED DATED DECEMBER 22, 2008 AND RECORDED IN
  DOCUMENT NO. 200816524 OF THE OFFICIAL PUBLIC RECORDS OF BASTROP
  COUNTY, TEXAS;
  EXCLUDING THE PORTION OF THE UNION PACIFIC RAILROAD RIGHT-OF-WAY
  (100' WIDTH, 5.595 AC.), WITHIN THE HEREIN DESCRIBED TRACT;
  SAID 2902.685 ACRES BEING MORE PARTICULARLY DESCRIBED BY METES AND
  BOUNDS AS FOLLOWS:
  BEGINNING at a 1/2" rebar found in the west right-of-way line of
  State Highway No. 95 (100' right-of-way width), for the
  northernmost corner of the 2.064 acre tract;
  THENCE South 04°45'50" West, with the west right-of-way line of
  State Highway No. 95, a distance of 2204.79 feet to a 1/2" iron pipe
  found for the southeast corner of the said 6.114 acre tract, being
  also the northeast corner of an apparent 100' wide railroad
  reservation described in Volume 1387, Page 49 of the Deed Records of
  Bastrop County, Texas;
  THENCE South 38°26'28" West, with the south line of the 6.114 acre
  tract and the north line of said railroad strip, crossing the Union
  Pacific 100' right-of-way, a distance of 632.19 feet to a
  calculated point in the west line of the Union Pacific 100'
  right-of-way, being also in the east line of the said 5566.770 acre
  tract;
  THENCE South 07°14'40" West, with the west line of the 100'
  right-of-way and the east line of the 5566.770 acre tract, a
  distance of 702.55 feet to a 5/8" rebar found for the northeast
  corner of a 90.021 acre tract described in Volume 280, Page 26 of
  the Deed Records of Bastrop County, Texas, for an angle point in the
  east line of the 5566.770 acre tract;
  THENCE with the common line of the 5566.770 acre tract and the
  90.021 acre tract, the following two (2) courses:
         1.  South 41°59'17" West, a distance of 3559.00 feet to a 1/2"
  rebar with cap set;
         2.  South 48°00'02" East, a distance of 1696.00 feet to a 1/2"
  rebar with cap set in the west line of a 100.714 acre tract
  described in Volume 276, Page 639 of the Deed Records of
  Bastrop County, Texas;
  THENCE South 41°50'22" West with the common line of the 5566.770
  acre tract and the 100.714 acre tract, a distance of 2626.45 feet to
  a calculated point;
  THENCE over and across the 5566.770 acre tract, the following
  twenty-three (23) courses:
         1.  North 67°20'47" West, a distance of 1033.52 feet to a
  calculated point;
         2.  South 59°02'10" West, a distance of 246.73 feet to a
  calculated point;
         3.  North 51°53'33" West, a distance of 1645.53 feet to a
  calculated point;
         4.  North 03°48'51" West, a distance of 381.67 feet to a
  calculated point;
         5.  North 56°27'50" West, a distance of 840.67 feet to a
  calculated point;
         6.  North 49°26'19" East, a distance of 1289.96 feet to a
  calculated point;
         7.  North 10°57'15" West, a distance of 534.42 feet to a
  calculated point;
         8.  North 54°51'57" East, a distance of 279.40 feet to a
  calculated point;
         9.  South 74°44'42" East, a distance of 578.94 feet to a
  calculated point;
         10.  North 85°24'00" East, a distance of 738.63 feet to a
  calculated point;
         11.  North 65°54'29" East, a distance of 1140.23 feet to a
  calculated point;
         12.  North 27°07'17" West, a distance of 389.83 feet to a
  calculated point;
         13.  North 43°07'42" East, a distance of 916.04 feet to a
  calculated point;
         14.  North 07°23'10" West, a distance of 360.23 feet to a
  calculated point;
         15.  North 28°42'49" East, a distance of 1078.89 feet to a
  calculated point;
         16.  North 87°11'37" East, a distance of 421.70 feet to a
  calculated point;
         17.  North 16°31'05" West, a distance of 1395.30 feet to a
  calculated point;
         18.  With a curve to the right, having a radius of 1600.00
  feet, a delta angle of 35°22'30", an arc length of 987.86
  feet, and a chord which bears South 75°05'01" West, a distance
  of 972.24 feet to a calculated point;
         19.  North 87°13'44" West, a distance of 714.34 feet to a
  calculated point;
         20.  With a curve to the left, having a radius of 900.00 feet,
  a delta angle of 13°33'08", an arc length of 212.88 feet, and a
  chord which bears South 85°59'42" West, a distance of 212.38
  feet to a calculated point;
         21.  South 79°13'08" West, a distance of 476.34 feet to a
  calculated point;
         22.  With a curve to the right, having a radius of 700.00
  feet, a delta angle of 73°16'03", an arc length of 895.13
  feet, and a chord which bears North 64°08'51" West, a distance
  of 835.38 feet to a calculated point;
         23.  North 27°30'49" West, a distance of 466.30 feet to a 1/2"
  rebar with cap set for the northeast corner of a 772.304 acre
  tract described in Volume 819, Page 733 of the Deed Records of
  Bastrop County, Texas;
  THENCE, with the common line of the 5566.770 acre tract and the
  772.304 acre tract, the following three (3) courses:
         1.  North 47°23'16" West, a distance of 3253.08 feet to a
  fence corner post found;
         2.  South 44°09'12" West, a distance of 409.37 feet to a fence
  corner post found;
         3.  North 46°44'34" West, a distance of 1200.96 feet to a
  fence corner post found;
  THENCE over and across the 5566.770 acre tract, the 758.026 acre
  tract, and the 160.346 acre tract the following twenty-three (23)
  courses:
         1.  South 65°45'02" West, a distance of 660.48 feet to a
  calculated point;
         2.  With a curve to the right, having a radius of 900.00 feet,
  a delta angle of 42°24'14", an arc length of 666.08 feet, and a
  chord which bears South 86°57'09" West, a distance of 650.98
  feet to a calculated point;
         3.  North 71°50'44" West, a distance of 500.53 feet to a
  calculated point;
         4.  With a curve to the left, having a radius of 1900.00 feet,
  a delta angle of 18°28'28", an arc length of 612.64 feet, and a
  chord which bears North 81°04'58" West, a distance of 609.99
  feet to a calculated point;
         5.  South 89°40'48" West, a distance of 664.30 feet to a
  calculated point;
         6.  With a curve to the right, having a radius of 1600.00
  feet, a delta angle of 38°47'12", an arc length of 1083.13
  feet, and a chord which bears North 70°55'36" West, a distance
  of 1062.57 feet to a calculated point;
         7.  North 51°32'00" West, a distance of 641.28 feet to a
  calculated point;
         8.  With a curve to the left, having a radius of 1100.00 feet,
  a delta angle of 74°20'28", an arc length of 1427.24 feet, and
  a chord which bears North 88°42'14" West, a distance of
  1329.22 feet to a calculated point;
         9.  South 54°07'33" West, a distance of 431.02 feet to a
  calculated point;
         10.  With a curve to the left, having a radius of 900.00 feet,
  a delta angle of 58°45'19", an arc length of 922.93 feet, and a
  chord which bears South 24°44'53" West, a distance of 883.01
  feet to a calculated point;
         11.  South 04°37'46" East, a distance of 806.43 feet to a
  calculated point;
         12.  With a curve to the right, having a radius of 1100.00
  feet, a delta angle of 29°21'45", an arc length of 563.72
  feet, and a chord which bears South 10°03'06" West, a distance
  of 557.57 feet to a calculated point;
         13.  South 24°43'59" West, a distance of 380.75 feet to a
  calculated point;
         14.  South 56°24'48" East, a distance of 1809.63 feet to a
  calculated point;
         15.  South 03°40'04" West, a distance of 1811.55 feet to a
  calculated point;
         16.  North 82°56'00" East, a distance of 816.20 feet to a
  calculated point;
         17.  South 25°05'01" East, a distance of 428.88 feet to a
  calculated point;
         18.  North 41°37'32" East, a distance of 617.85 feet to a
  calculated point;
         19.  South 55°50'25" East, a distance of 1176.41 feet to a
  calculated point;
         20.  South 35°32'16" West, a distance of 1595.04 feet to a
  calculated point;
         21.  South 27°24'37" West, a distance of 492.18 feet to a
  calculated point;
         22.  South 72°48'51" West, a distance of 779.06 feet to a
  calculated point;
         23.  South 41°15'30" East, a distance of 530.59 feet to a 1/2"
  rebar with cap set in a southeast line of the 5566.770 acre
  tract, being in the west line of the 772.304 acre tract;
  THENCE with said line, the following two (2) courses:
         1.  South 40°53'50" West, a distance of 1367.20 feet to a 1/2"
  rebar with cap set;
         2.  South 46°37'37" East, a distance of 483.43 feet to a 5/8"
  rebar found for the northwest corner of a 200 acre save and
  except tract described in Volume 819, Page 733 of the Deed
  Records of Bastrop County, Texas;
  THENCE South 36°09'41" West, with the west line of the 200 acre tract
  and a southeast line of the 5566.770 acre tract, a distance of
  1437.09 feet to a calculated point;
  THENCE over and across the 5566.770 acre tract, the following nine
  (9) courses:
         1.  North 53°50'19" West, a distance of 703.41 feet to a
  calculated point;
         2.  With a curve to the left, having a radius of 1500.00 feet,
  a delta angle of 122°12'39", an arc length of 3199.47 feet,
  and a chord which bears North 83°24'25" West, a distance of
  2626.53 feet to a calculated point;
         3.  South 35°29'15" West, a distance of 204.11 feet to a
  calculated point;
         4.  With a curve to the right, having a radius of 1700.00
  feet, a delta angle of 37°13'26", an arc length of 1104.45
  feet, and a chord which bears South 54°05'58" West, a distance
  of 1085.13 feet to a calculated point;
         5.  South 72°42'41" West, a distance of 218.56 feet to a
  calculated point;
         6.  With a curve to the left, having a radius of 500.00 feet,
  a delta angle of 64°27'29", an arc length of 562.50 feet, and a
  chord which bears South 40°28'56" West, a distance of 533.31
  feet to a calculated point;
         7.  South 08°15'12" West, a distance of 227.20 feet to a
  calculated point;
         8.  With a curve to the right, having a radius of 1150.00
  feet, a delta angle of 76°43'42", an arc length of 1540.04
  feet, and a chord which bears South 46°37'03" West, a distance
  of 1427.51 feet to a calculated point;
         9.  South 29°29'11" West, a distance of 993.51 feet to a
  calculated point in the south line of the 5566.770 acre
  tract, being also the gradient boundary for the north bank of
  the Colorado River;
  THENCE with the south and west lines of the 5566.770 acre tract,
  being also the gradient boundary for the north bank and east bank of
  the Colorado River, the following seventeen (17) courses:
         1.  North 61°57'52" West, a distance of 178.15 feet to a
  calculated point;
         2.  North 56°48'32" West, a distance of 172.52 feet to a
  calculated point;
         3.  North 34°12'07" West, a distance of 315.00 feet to a
  calculated point;
         4.  North 17°49'08" West, a distance of 194.48 feet to a
  calculated point;
         5.  North 00°42'03" West, a distance of 330.38 feet to a
  calculated point;
         6.  North 05°51'25" East, a distance of 216.57 feet to a
  calculated point;
         7.  North 34°17'46" East, a distance of 328.17 feet to a
  calculated point;
         8.  North 78°35'08" East, a distance of 86.26 feet to a
  calculated point;
         9.  North 25°28'50" East, a distance of 805.50 feet to a
  calculated point;
         10.  North 19°28'15" East, a distance of 922.47 feet to a
  calculated point;
         11.  North 19°50'23" East, a distance of 477.86 feet to a
  calculated point;
         12.  North 21°15'22" East, a distance of 606.54 feet to a
  calculated point;
         13.  North 23°34'42" East, a distance of 654.28 feet to a
  calculated point;
         14.  North 17°12'19" East, a distance of 788.35 feet to a
  calculated point;
         15.  North 16°03'41" East, a distance of 419.54 feet to a
  calculated point;
         16.  North 21°34'10" East, a distance of 234.05 feet to a
  calculated point;
         17.  North 09°53'29" East, a distance of 465.10 feet to a
  calculated point;
  THENCE over and across the 5566.770 acre tract, the 200.00 acre XS
  Ranch Fund tract, and the said 92.556 acre tract, the following
  thirty-six (36) courses:
         1.  South 88°55'07" East, a distance of 374.38 feet to a
  calculated point;
         2.  South 24°24'39" East, a distance of 920.75 feet to a
  calculated point;
         3.  South 79°09'15" East, a distance of 1405.31 feet to a
  calculated point;
         4.  North 37°48'57" East, a distance of 547.00 feet to a
  calculated point;
         5.  North 78°13'54" East, a distance of 790.57 feet to a
  calculated point;
         6.  South 85°25'34" East, a distance of 743.88 feet to a
  calculated point;
         7.  North 25°05'23" East, a distance of 584.78 feet to a
  calculated point;
         8.  With a curve to the right, having a radius of 3100.00
  feet, a delta angle of 45°46'39", an arc length of 2476.80
  feet, and a chord which bears North 42°01'18" West, a distance
  of 2411.45 feet to a calculated point;
         9.  North 19°07'58" West, a distance of 656.27 feet to a
  calculated point;
         10.  With a curve to the right, having a radius of 1100.00
  feet, a delta angle of 76°28'22", an arc length of 1468.17
  feet, and a chord which bears North 19°06'13" East, a distance
  of 1361.60 feet to a calculated point;
         11.  North 57°20'24" East, a distance of 242.50 feet to a
  calculated point;
         12.  North 37°30'15" West, a distance of 500.90 feet to a
  calculated point;
         13.  South 57°45'27" West, a distance of 478.16 feet to a
  calculated point;
         14.  South 27°19'56" West, a distance of 623.35 feet to a
  calculated point;
         15.  South 42°59'51" West, a distance of 629.53 feet to a
  calculated point;
         16.  South 70°39'55" West, a distance of 375.85 feet to a
  calculated point;
         17.  South 22°59'19" West, a distance of 223.04 feet to a
  calculated point;
         18.  South 17°47'02" East, a distance of 692.62 feet to a
  calculated point;
         19.  South 30°57'50" West, a distance of 290.24 feet to a
  calculated point;
         20.  North 69°13'40" West, a distance of 385.96 feet to a
  calculated point;
         21.  North 40°36'05" West, a distance of 516.27 feet to a
  calculated point;
         22.  North 13°39'40" East, a distance of 922.05 feet to a
  calculated point;
         23.  North 70°31'47" East, a distance of 653.33 feet to a
  calculated point;
         24.  North 18°06'14" West, a distance of 340.39 feet to a
  calculated point;
         25.  South 68°59'25" West, a distance of 919.78 feet to a
  calculated point;
         26.  North 24°46'31" West, a distance of 445.42 feet to a
  calculated point;
         27.  North 63°26'06" East, a distance of 1168.67 feet to a
  calculated point;
         28.  South 82°49'32" East, a distance of 896.76 feet to a
  calculated point;
         29.  North 14°02'10" East, a distance of 153.92 feet to a
  calculated point;
         30.  North 67°58'22" West, a distance of 879.26 feet to a
  calculated point;
         31.  North 12°12'02" West, a distance of 471.06 feet to a
  calculated point;
         32.  North 87°14'27" West, a distance of 517.02 feet to a
  calculated point;
         33.  South 06°23'14" West, a distance of 838.95 feet to a
  calculated point;
         34.  South 66°53'37" West, a distance of 507.35 feet to a
  calculated point;
         35.  North 22°22'48" West, a distance of 686.34 feet to a
  calculated point;
         36.  North 53°53'58" West, a distance of 1429.66 feet to a
  calculated point in the centerline of Wilbarger Creek, being
  the southwest line of the 5566.770 acre tract, and the
  northeast line of a 120.01 acre tract described in Volume
  1023, Page 237 of the Deed Records of Travis County, Texas;
  THENCE with the centerline of Wilbarger Creek, being the southwest
  line of the 5566.770 acre tract, and the northeast line of the
  120.01 acre tract, the following nine (9) courses:
         1.  North 06°03'43" West, a distance of 397.88 feet to a
  calculated point;
         2.  North 67°16'36" West, a distance of 108.33 feet to a
  calculated point;
         3.  South 75°45'13" West, a distance of 428.01 feet to a
  calculated point;
         4.  North 79°09'13" West, a distance of 537.38 feet to a
  calculated point;
         5.  North 50°52'06" West, a distance of 392.75 feet to a
  calculated point;
         6.  North 39°13'33" West, a distance of 286.04 feet to a
  calculated point;
         7.  North 37°23'11" West, a distance of 329.57 feet to a
  calculated point;
         8.  North 46°00'34" West, a distance of 289.79 feet to a
  calculated point;
         9.  North 42°25'33" West, a distance of 290.86 feet to a
  calculated point;
  THENCE over and across the 5566.770 acre tract, the 54.912 acre
  tract, the 885.050 acre tract, the 19.149 acre tract, the 758.026
  acre tract, the 507.061 acre tract, the 112.676 acre tract, and the
  1164.571 acre tract, the following forty (40) courses:
         1.  North 09°08'59" East, a distance of 1504.58 feet to a
  calculated point;
         2.  North 72°10'52" West, a distance of 1581.36 feet to a
  calculated point;
         3.  North 17°49'08" East, a distance of 445.94 feet to a
  calculated point;
         4.  North 47°07'16" East, a distance of 498.98 feet to a
  calculated point;
         5.  North 37°02'18" West, a distance of 1145.83 feet to a
  calculated point;
         6.  North 15°11'43" East, a distance of 470.98 feet to a
  calculated point;
         7.  North 90°00'00" East, a distance of 230.06 feet to a
  calculated point;
         8.  South 30°57'50" East, a distance of 752.54 feet to a
  calculated point;
         9.  South 88°50'34" East, a distance of 555.63 feet to a
  calculated point;
         10.  South 10°36'04" East, a distance of 1067.53 feet to a
  calculated point;
         11.  South 22°24'35" West, a distance of 608.05 feet to a
  calculated point;
         12.  South 72°10'52" East, a distance of 518.87 feet to a
  calculated point;
         13.  North 19°55'06" East, a distance of 778.72 feet to a
  calculated point;
         14.  North 88°46'47" East, a distance of 377.41 feet to a
  calculated point;
         15.  South 37°05'34" East, a distance of 822.20 feet to a
  calculated point;
         16.  South 11°34'03" West, a distance of 1499.22 feet to a
  calculated point;
         17.  South 58°11'35" East, a distance of 2102.28 feet to a
  calculated point;
         18.  North 35°16'52" East, a distance of 1115.32 feet to a
  calculated point;
         19.  South 57°36'43" East, a distance of 1363.00 feet to a
  calculated point;
         20.  North 71°33'54" East, a distance of 1095.63 feet to a
  calculated point;
         21.  With a curve to the left, having a radius of 850.00 feet,
  a delta angle of 36°17'42", an arc length of 538.45 feet, and a
  chord which bears North 53°25'03" East, a distance of 529.49
  feet to a calculated point;
         22.  North 35°16'12" East, a distance of 522.93 feet to a
  calculated point;
         23.  With a curve to the right, having a radius of 650.00
  feet, a delta angle of 43°22'31", an arc length of 492.08
  feet, and a chord which bears North 56°57'27" East, a distance
  of 480.41 feet to a calculated point;
         24.  With a curve to the left, having a radius of 850.00 feet,
  a delta angle of 45°59'56", an arc length of 682.41 feet, and a
  chord which bears North 55°38'44" East, a distance of 664.23
  feet to a calculated point;
         25.  With a curve to the right, having a radius of 650.00
  feet, a delta angle of 15°53'36", an arc length of 180.30
  feet, and a chord which bears North 40°35'34" East, a distance
  of 179.73 feet to a calculated point;
         26.  North 48°32'22" East, a distance of 243.99 feet to a
  calculated point;
         27.  South 87°53'37" East, a distance of 705.41 feet to a
  calculated point;
         28.  North 40°45'57" East, a distance of 2136.64 feet to a
  calculated point;
         29.  With a curve to the left, having a radius of 1900.00
  feet, a delta angle of 22°14'16", an arc length of 737.44
  feet, and a chord which bears North 29°38'49" East, a distance
  of 732.82 feet to a calculated point;
         30.  With a curve to the right, having a radius of 1600.00
  feet, a delta angle of 12°12'03", an arc length of 340.71
  feet, and a chord which bears North 24°37'42" East, a distance
  of 340.07 feet to a calculated point;
         31.  North 62°06'07" West, a distance of 218.71 feet to a
  calculated point;
         32.  North 79°22'49" West, a distance of 1163.84 feet to a
  calculated point;
         33.  North 52°01'42" West, a distance of 606.47 feet to a
  calculated point;
         34.  North 25°58'28" West, a distance of 1517.59 feet to a
  calculated point;
         35.  North 65°15'38" West, a distance of 1309.58 feet to a
  calculated point;
         36.  North 36°31'44" West, a distance of 651.51 feet to a
  calculated point;
         37.  North 07°31'14" West, a distance of 1224.45 feet to a
  calculated point;
         38.  North 32°33'00" West, a distance of 946.65 feet to a
  calculated point;
         39.  North 61°27'44" East, a distance of 1606.89 feet to a
  calculated point;
         40.  South 47°43'25" East, a distance of 806.32 feet to a 5/8"
  rebar found in a westerly line of the 1164.571 acre tract, for
  the southwest corner of a 408.48 acre tract described in
  Volume 1564, Page 319 and Volume 248, Page 498 of the Deed
  Records of Bastrop County, Texas;
  THENCE South 47°43'25" East, with the south line of the 408.48 acre
  tract and a northeasterly line of the 1164.571 acre tract, a
  distance of 1928.39 feet to a calculated point;
  THENCE over and across the 1164.571 acre tract and the 507.061 acre
  tract, the following three (3) courses:
         1.  South 38°42'49" West, a distance of 493.11 feet to a
  calculated point;
         2.  South 46°27'01" East, a distance of 1528.76 feet to a
  calculated point;
         3.  South 81°28'08" East, a distance of 962.75 feet to a
  calculated point in the north line of the 507.061 acre tract,
  being the south line of the 408.48 acre tract;
  THENCE South 48°19'36" East, with the north line of the 507.061 acre
  tract, being the south line of the 408.48 acre tract, a distance of
  781.94 feet to a 1/2" rebar with cap set for an angle point in said
  line;
  THENCE over and across the 507.061 acre tract, the 160.346 acre
  tract, and the 5566.770 acre tract, and the 100' Union Pacific
  Railroad right-of-way, the following twenty-one (21) courses:
         1.  South 11°34'55" East, a distance of 515.81 feet to a
  calculated point;
         2.  South 52°07'30" East, a distance of 512.21 feet to a
  calculated point;
         3.  South 25°49'14" West, a distance of 1563.95 feet to a
  calculated point;
         4.  South 02°08'03" West, a distance of 752.59 feet to a
  calculated point;
         5.  South 18°10'41" West, a distance of 924.32 feet to a
  calculated point;
         6.  South 23°40'42" East, a distance of 1281.46 feet to a
  calculated point;
         7.  South 15°04'07" West, a distance of 604.81 feet to a
  calculated point;
         8.  South 33°58'48" East, a distance of 1016.87 feet to a
  calculated point;
         9.  South 76°54'29" East, a distance of 794.08 feet to a
  calculated point;
         10.  North 26°05'59" East, a distance of 1877.13 feet to a
  calculated point;
         11.  North 58°17'55" East, a distance of 448.82 feet to a
  calculated point;
         12.  South 73°24'46" East, a distance of 1652.34 feet to a
  calculated point;
         13.  South 62°01'14" East, a distance of 3502.95 feet to a
  calculated point;
         14.  South 43°06'43" East, a distance of 1021.63 feet to a
  calculated point;
         15.  South 89°02'43" East, a distance of 1421.13 feet to a
  calculated point;
         16.  North 76°17'35" East, a distance of 499.72 feet to a
  calculated point;
         17.  South 86°25'25" East, a distance of 949.14 feet to a
  calculated point;
         18.  South 57°27'00" East, a distance of 330.12 feet to a
  calculated point;
         19.  South 30°45'46" East, a distance of 289.38 feet to a
  calculated point;
         20.  South 06°58'52" West, a distance of 584.55 feet to a
  calculated point;
         21.  South 82°47'11" East, a distance of 661.94 feet to a 1/2"
  rebar with cap set in the east line of the 100' Union Pacific
  Railroad right-of-way, being also in the west line of the
  2.064 acre tract;
  THENCE with the east line of the 100' Union Pacific Railroad
  right-of-way, being also the west line of the 2.064 acre tract, with
  a curve to the left, having a radius of 1482.37 feet, a delta angle
  of 01°16'18", an arc length of 32.90 feet, and a chord which bears
  North 06°36'10" East, a distance of 32.90 feet to a 1/2" rebar with
  cap set for the northwest corner of the 2.064 acre tract;
  THENCE North 42°01'01" East, with the north line of the 2.064 acre
  tract, a distance of 232.14 feet to the POINT OF BEGINNING,
  containing 2908.28 acres of land, gross acreage, save and except
  5.595 acres within the Union Pacific Railroad right-of-way, for a
  net acreage of 2902.685 acres more or less.
         SECTION 3.  (a)  The legal notice of the intention to
  introduce this Act, setting forth the general substance of this
  Act, has been published as provided by law, and the notice and a
  copy of this Act have been furnished to all persons, agencies,
  officials, or entities to which they are required to be furnished
  under Section 59, Article XVI, Texas Constitution, and Chapter 313,
  Government Code.
         (b)  The governor, one of the required recipients, has
  submitted the notice and Act to the Texas Commission on
  Environmental Quality.
         (c)  The Texas Commission on Environmental Quality has filed
  its recommendations relating to this Act with the governor, the
  lieutenant governor, and the speaker of the house of
  representatives within the required time.
         (d)  All requirements of the constitution and 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.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution. If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2009.
 
  * * * * *