HBA-BSM H.C.R. 237 77(R) BILL ANALYSIS Office of House Bill AnalysisH.C.R. 237 By: Counts Natural Resources 4/17/2001 Introduced BACKGROUND AND PURPOSE Under state law, the legislature is authorized to designate a site of unique value for the construction of a reservoir. A site on the Double Mountain Fork of the Brazos River in southern Stonewall County merits such a designation by virtue of the storage and conservation advantages that a dam and reservoir at this location would afford. The construction and development of such a project and the associated impoundment, diversion, and use of the unappropriated flows of the Brazos River are in the public interest and would constitute a beneficial use of the water. Conditions warrant a Texas Water Development Board waiver of the requirement that the project meet needs in a manner consistent with the state and regional water plans. The cost of acquisition of the site for the project exceeds the current financing capabilities of the area involved, and the optimum regional development of the project cannot be reasonably financed by local interests without state participation. It is therefore the intent of the legislature that the project receive priority for existing and uncommitted bond authorization in the state participation account of the Texas Water Development Fund II. The legislature finds it reasonable to expect that the state in using that account to acquire up to 50 percent of the undivided interest in the project in partnership with local or regional interests will recover its investment in the project. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS House Concurrent Resolution 237 designates the Double Mountain Fork of the Brazos River in Southern Stonewall County as a site of unique value for the construction of a reservoir.