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Texas Laws | Water Code
WATER CODE
TITLE 5. SPECIAL LAW DISTRICTS

(1) is beneficial to a public purpose of the river authority; and (27147)

(2) is for the public purpose of: (27148)

(A) the development and diversification of the economy of the state; (27149)

(B) the elimination of unemployment or underemployment in the state; or (27150)

(C) the development or expansion of commerce in the state. (27151)

(c) A determination by the board of directors of a river authority under Subsection (b) is conclusive. (27152)

(d) A guarantee or other credit agreement authorized by Subsection (b) may provide for the guarantee of or other credit support for public securities or other obligations or contracts of the corporation, all or a portion of which may be authorized, executed, and delivered in the future. (27153)

(e) Chapter 1202, Government Code, applies to a guarantee or other credit agreement under this section as if the guarantee or other credit agreement were a public security. (27154)

Added by Acts 2001, 77th Leg., ch. 430, Sec. 1, eff. Sept. 1, 2001. (27155)

SUBCHAPTER C. ENERGY OR WATER CONSERVATION PROGRAMS (27156)(Text)
Sec. 152.101. AUTHORITY TO PARTICIPATE IN ENERGY OR WATER CONSERVATION PROGRAM. (27157)(Text)

(a) A river authority may undertake, sponsor, initiate, coordinate, or otherwise participate in a program intended to conserve electric energy or water, including a program that: (27158)

(1) encourages the more efficient use of electric energy or water; (27159)

(2) reduces the total use of electric energy or water; or (27160)

(3) reduces maximum total electric generating capacity requirements through load management techniques. (27161)

(b) A determination by the board of directors of a river authority that a program described by Subsection (a) is intended and expected to accomplish a purpose described by that subsection is conclusive with respect to whether the program serves the stated purpose. (27162)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. (27163)

Sec. 152.102. PARTICIPATION IN CONSERVATION PROGRAM BY PERSON OTHER THAN RIVER AUTHORITY. (27164)(Text)

(a) A conservation program may involve a grant or loan of money, services, or equipment to a person or entity other than the river authority engaged in the program. (27165)

(b) Any person, including an individual or any public or private entity, may enter into an agreement with a river authority with respect to a conservation program. (27166)

(c) A person participating in or receiving a benefit from a conservation program shall comply with the requirements of the program. (27167)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. (27168)

Sec. 152.103. PUBLIC PURPOSE AND GOVERNMENTAL FUNCTION. (27169)(Text)

Each conservation program is a public purpose and governmental function of a river authority to conserve the natural resources of this state, including the air and the waters of the rivers and streams of this state, electricity, and fuels used in the generation of electricity, in accordance with Section 59(a), Article XVI, Texas Constitution. (27170)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. (27171)

SUBCHAPTER D. ECONOMIC DEVELOPMENT PROGRAMS (27172)(Text)
Sec. 152.151. DEFINITION. (27173)(Text)

In this subchapter, "economic development program": (27174)

(1) includes a program designed to: (27175)

(A) encourage economic diversification; (27176)

(B) contribute to the health and development of a community to improve the attractiveness of the community to public and private enterprises; or (27177)

(C) improve the quality or quantity of services essential for the development of viable communities and economic growth, including services related to education, transportation, public safety, recreation, health care, training, community planning, or employment; and (27178)

(2) does not include the promotion of retail wheeling of electric power and energy. (27179)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. (27180)

Sec. 152.152. APPLICABILITY. (27181)(Text)

This subchapter applies only to a river authority that generates at least an annual average of 55 million kilowatt hours of electric energy. (27182)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. (27183)

Sec. 152.153. AUTHORITY FOR ECONOMIC DEVELOPMENT PROGRAM. (27184)(Text)

(a) A river authority may sponsor and participate in an economic development program intended to strengthen the economic base and further the economic development of this state. (27185)

(b) A determination by the board of directors of a river authority that an economic development program is intended and expected to accomplish the program's stated purposes is conclusive with respect to whether the program serves the purposes of this subchapter. (27186)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. (27187)

Sec. 152.154. PROGRAM AREA. (27188)(Text)

An economic development program must be within: (27189)

(1) the territorial boundaries of the sponsoring or participating river authority; or (27190)

(2) the river authority's electric or water service area. (27191)

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