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  82R1651 MXM-F
 
  By: Geren H.B. No. 844
 
 
 
 
A BILL TO BE ENTITLED
 
 
AN ACT
 
  relating to the sale or lease of property by certain municipalities
 
  owning land near the shoreline of certain lakes.
         
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         
         SECTION 1.  Section 272.001(h), Local Government Code, is
 
  amended to read as follows:
         
         (h)  A municipality having a population of 825,000 [575,000]
 
  or less and owning land within 5,000 feet of where the shoreline of
 
  a lake would be if the lake were filled to its storage capacity may,
 
  without notice or the solicitation of bids, sell the land to the
 
  person leasing the land for the fair market value of the land as
 
  determined by a certified appraiser. While land described by this
 
  subsection is under lease, the municipality owning the land may not
 
  sell the land to any person other than the person leasing the land.
 
  To protect the public health, safety, or welfare and to ensure an
 
  adequate municipal water supply, property sold by the municipality
 
  under this subsection is not eligible for and the owner is not
 
  entitled to the exemption provided by Section 11.142(a), Water
 
  Code. The instrument conveying property under this subsection must
 
  include a provision stating that the exemption does not apply to the
 
  conveyance. In this subsection, "lake" means an inland body of
 
  standing water, including a reservoir formed by impounding the
 
  water of a river or creek but not including an impoundment of salt
 
  water or brackish water, that has a storage capacity of more than
 
  10,000 acre-feet.
         
         SECTION 2.  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, 2011.