SB 917, 63rd R.S.
Creating and establishing a conservation and reclamation district, known as the "Wise County Utility Authority", notwithstanding the provision of general laws concerning the consent of municipalities to the creation of conservation and reclamation districts; defining terms; finding a benefit to all property within the Authority; declaring the Authority to be a governmental agency, body politic and corporate; defining the boundaries of the Authority; providing for the qualifications of directors and the filling of vacancies; providing for the terms of selection of directors; conferring on the Authority the rights, powers, authority, privileges, duties, and functions of the general laws of Texas applicable to municipal utility districts, where not in conflict with this Act and adopting the same by reference; providing for a method of levying, assessing and collecting taxes for the Authority; establishing procedures by which the Authority shall create Service Districts, hold the elections within the Service Districts, hold the elections within Service Districts, incur indebtedness and execute contracts on behalf of Service Districts, and construct improvements on behalf of Service Districts; vesting rights in certain persons within the Authority to secure the creation of a Service District, to require an election to be held within the Service District to authorize the levy of taxes against the property within the Service District for certain purposes, to secure the sale and issuance by the Authority of bonds on behalf of said Service District; providing for remedies to the holders of bonds issued by the Authority on behalf of a Service Distinct; providing for remedies to persons vested with certain rights with respect to a Service District; providing for a method for appointment of lawyers, engineers, and fiscal advisors of the Authority on behalf of a Service District; authorizing the reimbursement by the Authority of advances made on behalf of the Authority or Service District; enacting other provisions relating to the above-mentioned subjects; providing a severability clause.
