H.B. No. 4101
 
 
 
 
AN ACT
  relating to the powers of the Talley Ranch Water Control and
  Improvement District No. 1 of Denton County; providing authority to
  impose a tax and issue bonds.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subtitle I, Title 6, Special District Local Laws
  Code, is amended by adding Chapter 9025 to read as follows:
  CHAPTER 9025. TALLEY RANCH WATER CONTROL AND IMPROVEMENT
  DISTRICT NO. 1 OF DENTON COUNTY
  SUBCHAPTER A.  GENERAL PROVISIONS
         Sec. 9025.001.  DEFINITION. In this chapter, "district" 
  means the Talley Ranch Water Control and Improvement District No. 1
  of Denton County.
         Sec. 9025.002.  NATURE OF DISTRICT. The district is a water
  control and improvement district in Denton County created under and
  essential to accomplish the purposes of Section 59, Article XVI,
  Texas Constitution.
         Sec. 9025.003.  APPLICABILITY OF OTHER LAW. Except as
  otherwise provided by this chapter, the following laws apply to the
  district:
               (1)  Chapters 49 and 51, Water Code; and
               (2)  Section 52(b)(3), Article III, Texas
  Constitution.
  [Sections 9025.004-9025.050 reserved for expansion]
  SUBCHAPTER B.  POWERS AND DUTIES
         Sec. 9025.051.  ROAD PROJECTS. (a)  The district may
  construct, acquire, improve, maintain, or operate macadamized,
  graveled, or paved roads, or improvements in aid of those roads,
  inside the district.
         (b)  A road project must meet all applicable construction
  standards, zoning and subdivision requirements, and regulatory
  ordinances of the municipality in whose corporate limits or
  extraterritorial jurisdiction the district is located.
         (c)  The district may not undertake a road project unless
  each municipality in whose corporate limits or extraterritorial
  jurisdiction the district is located consents by ordinance or
  resolution.
         Sec. 9025.052.  COMPLIANCE WITH COUNTY OR MUNICIPAL
  ORDINANCES OR RESOLUTIONS RELATING TO ROAD PROJECTS. The district
  shall comply with all applicable requirements relating to projects
  authorized by Section 9025.051 of any ordinance or resolution
  adopted by the governing body of:
               (1)  a county in which the district is located for a
  project in the unincorporated area of the county; or
               (2)  a municipality in whose corporate limits or
  extraterritorial jurisdiction the district is located for a project
  in the corporate limits or the extraterritorial jurisdiction of the
  municipality.
  [Sections 9025.053-9025.100 reserved for expansion]
  SUBCHAPTER C. GENERAL FINANCIAL PROVISIONS
         Sec. 9025.101.  TAX TO REPAY BONDS.  The district may impose
  a tax to pay the principal of and interest on bonds issued for a
  project under Section 9025.051.
  [Sections 9025.102-9025.150 reserved for expansion]
  SUBCHAPTER D.  BONDS
         Sec. 9025.151.  AUTHORITY TO ISSUE BONDS AND OTHER
  OBLIGATIONS. (a)  The district may issue bonds or other obligations
  as provided by Chapters 49 and 51, Water Code, to finance the
  construction, maintenance, or operation of projects under Section
  9025.051.
         (b)  The district may not issue bonds authorized for a
  project under Section 9025.051 unless the issuance is approved by a
  vote of a two-thirds majority of the voters of the district voting
  at an election called for that purpose.
         (c)  Bonds or other obligations issued or incurred to finance
  projects authorized by Section 9025.051 may not exceed one-fourth
  of the assessed value of the real property in the district.
         SECTION 2.  (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 3.  This Act takes effect September 1, 2007.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 4101 was passed by the House on May
  11, 2007, by the following vote:  Yeas 144, Nays 0, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 4101 was passed by the Senate on May
  23, 2007, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor