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State Law
Federal Law
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Texas Utilities Code - Chapter 163 Joint Powers AgenciesLegal Research Home > Texas Lawyer > Utilities Code > Texas Utilities Code - Chapter 163 Joint Powers Agencies In this chapter: (1) "Electric facility" means a facility necessary or incidental to generating or transmitting electric power and energy, including: (A) a generating unit ... (a) The commission shall analyze the financial problems of the municipal power agency described by Subsection (b). Before September 1, 2000, the commission shall present ... This subchapter does not affect: (1) the statutory purposes prescribed by state law relating to creating, establishing, or operating an entity that co-owns a facility; ... Public and private entities may by agreement jointly plan, finance, acquire, construct, own, operate, and maintain electric facilities to: (1) achieve economies of scale in ... (a) A participating entity may: (1) use its means and assets to plan, acquire, construct, own, operate, and maintain its interest in an electric facility; ... (a) A participating entity has the power of eminent domain to be exercised as provided by this section. (b) The use of eminent domain authority ... (a) A participating private entity shall render for ad valorem taxation its undivided fractional interest in a jointly owned electric facility. An ad valorem or ... A participating entity may: (1) contract for insurance, including specialized insurance for property and risks relating to the ownership, operation, and maintenance of electric facilities; ... In this subchapter: (1) "Agency" means a municipal power agency created under this subchapter. (2) "Bond" includes a note, but does not include a nonnegotiable ... This subchapter shall be liberally construed to carry out its purpose. Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997. ... This subchapter prevails to the extent of a conflict between this subchapter and any other law, including: (1) a law regulating the affairs of a ... (a) Public entities may create an agency by concurrent ordinances subject to voter approval. (b) A public entity may join in the creation of an ... (a) The public entities that create an agency may by concurrent ordinances re-create the agency by adding or deleting, or both, a public entity. (b) ... (a) The governing body of each public entity shall publish notice of its intention to create an agency once a week for two consecutive weeks. ... A concurrent ordinance creating an agency under Section 163.054 or re-creating an agency under Section 163.055 must, as adopted by each public entity: (1) contain ... (a) An agency may not be created unless the creation is approved by a majority of the qualified voters of each public entity creating the ... (a) The agency shall be governed by a board of directors. The board is responsible for the management, operation, and control of the property belonging ... (a) An agency may not engage in any utility business other than the generation, transmission, and sale or exchange of electric energy to: (1) a ... (a) Except as provided by Subsection (c), an agency may award a contract for construction of an improvement that involves the expenditure of more than ... (a) An agency may participate through appropriate contracts in power pooling and power exchange agreements with other entities through direct or indirect system interconnections. (b) ... (a) An agency may establish and maintain rates and charges for electric power and energy the agency delivers, transmits, or exchanges. The rates and charges ... (a) The agency may issue revenue bonds to accomplish the purposes of the agency. (b) The agency may pledge to the payment of the obligations ... The agency may issue refunding bonds. Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997. ... (a) Agency bonds that are payable from agency revenues or anticipated bond proceeds and the records relating to their issuance must be submitted to the ... (a) The agency may issue nonnegotiable purchase money notes to acquire land or fuel resources. (b) Nonnegotiable purchase money notes are: (1) payable in installments; ... (a) The agency may issue bond anticipation notes: (1) for any purpose for which the agency may issue bonds; or (2) to refund previously issued ... (a) Notwithstanding Section 163.054, two or more public entities may create a municipal power agency governed by Subchapter C if the entities: (1) are municipalities; ... (a) An agency created under this subchapter may: (1) generate and transmit electric power and energy inside and outside this state; (2) sell, purchase, or ... An electric cooperative corporation may join one or more public entities to create a joint powers agency as if the corporation were also a public ... A joint powers agency created under this subchapter is a governmental body subject to Chapter 551, Government Code. Acts 1997, 75th Leg., ch. 166, § ... A joint powers agency created under this subchapter is: (1) subject to all applicable provisions of Title 2; and (2) under the jurisdiction of the ... This subchapter does not authorize an electric cooperative corporation to issue bonds or other securities that are tax exempt under federal law. Acts 1997, 75th ... Last modified: August 10, 2007 |