Texas Special District Local Laws Code Title 6, Chapter 8506 - Upper Colorado River Authority
SUBCHAPTER A GENERAL PROVISIONS
- Texas Section 8506.001 - Definitions
In this chapter: (1) "Authority" means the Upper Colorado River Authority. (2) "Board" means the board of directors of the authority. (3) "Director" means a...
- Texas Section 8506.002 - Creation And Nature Of Authority
(a) The authority is created as a conservation and reclamation district and a state agency. (b) The creation of the authority is essential to the...
- Texas Section 8506.003 - Territory
Unless modified under Subchapter J, Chapter 49, Water Code, or other law, the authority's territory consists of that part of this state included in the...
SUBCHAPTER B BOARD OF DIRECTORS; ADMINISTRATIVE PROVISIONS
- Texas Section 8506.004 - Liberal Construction Of Chapter
This chapter shall be liberally construed to effect its purposes. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April...
- Texas Section 8506.051 - Membership Of Board
(a) The board consists of nine directors appointed by the governor with the advice and consent of the senate. (b) Each director must be a...
- Texas Section 8506.052 - Terms
Directors are appointed for staggered terms of six years with three directors' terms expiring on February 1 of each odd-numbered year. Added by Acts 2015,...
- Texas Section 8506.053 - Removal
A director may be removed by the governor for inefficiency, neglect of duty, or misconduct in office, after at least 10 days' written notice of...
- Texas Section 8506.054 - Vacancy
A vacancy on the board shall be filled by the governor for the unexpired term. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B....
- Texas Section 8506.055 - Voting Requirement
(a) Except as provided by this chapter or the bylaws, action may be taken by the affirmative vote of a majority of the directors present...
- Texas Section 8506.056 - Officers And Employees
(a) The board shall select a secretary, a presiding officer, and a treasurer. The treasurer may also hold the office of secretary. (b) The secretary...
- Texas Section 8506.057 - Surety Bonds
(a) The presiding officer, the treasurer, and any other officer, agent, or employee of the authority who is charged with the collection, custody, or payment...
- Texas Section 8506.058 - Authority's Office And Domicile
(a) The board by majority vote shall determine the location of the authority's general office. (b) The county in which the authority's general office is...
SUBCHAPTER C POWERS AND DUTIES
- Texas Section 8506.059 - Conflict Of Interest; Criminal Penalty
(a) A director, officer, agent, or employee of the authority may not be directly or indirectly interested in a contract for the purchase of any...
- Texas Section 8506.101 - General Powers
(a) The authority has: (1) the powers of government and the authority to exercise the rights, privileges, and functions specified by this chapter; and (2)...
- Texas Section 8506.102 - Powers Related To Water Of Colorado River And Its Tributaries
Inside the boundaries of the authority, the authority may: (1) control, store, and preserve the water of the Colorado River and its tributaries for any...
- Texas Section 8506.103 - Sale And Distribution Of Water Outside Boundaries Of Authority
The authority may: (1) sell and distribute water outside the boundaries of the authority to any municipality for domestic, municipal, or irrigation purposes or to...
- Texas Section 8506.104 - Development, Generation, Distribution, And Sale Of Water Power And Electric Energy
(a) The authority may: (1) develop and generate water power and electric energy inside the boundaries of the authority; and (2) distribute and sell water...
- Texas Section 8506.105 - Prevention Of Damage To Persons Or Property
The authority may prevent or aid in the prevention of damage to persons or property from the water of the Colorado River and its tributaries....
- Texas Section 8506.106 - Forestation And Reforestation; Prevention Of Soil Erosion And Floods
In the watershed of the Colorado River and its tributaries, the authority may: (1) forest, reforest, or aid in foresting or reforesting; and (2) prevent...
- Texas Section 8506.107 - Authority Property; Eminent Domain
(a) The authority may acquire, maintain, use, and operate property of any kind or any interest in property, inside or outside the boundaries of the...
- Texas Section 8506.108 - Sale, Lease, Mortgage, Or Other Disposition Of Authority Property
(a) The authority may not: (1) mortgage or otherwise encumber authority property of any kind, or any interest in authority property; or (2) acquire any...
- Texas Section 8506.109 - Overflow Or Inundation Of Public Property; Relocation Of Roads
The authority may overflow and inundate any public land or public property and require the relocation of a road or highway in the manner and...
- Texas Section 8506.110 - Construction, Maintenance, And Operation Of Facilities
The authority may construct, extend, improve, maintain, and reconstruct, cause to be constructed, extended, improved, maintained, and reconstructed, and use and operate facilities of any...
- Texas Section 8506.111 - Seal
The authority may adopt and use a corporate seal. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April 1,...
- Texas Section 8506.112 - General Contract Powers
The authority may make a contract or execute an instrument necessary or convenient to the exercise of the powers, rights, privileges, and functions conferred on...
- Texas Section 8506.113 - Additional Powers Relating To Contracts, Rules, And Regulations
The authority may enter into and carry out contracts or establish or comply with rules and regulations concerning labor and materials and other related matters...
- Texas Section 8506.114 - Limitations On Powers Of Authority
(a) Notwithstanding any right or permit to use the water of the Colorado River and its tributaries for the generation of hydroelectric power that was...
SUBCHAPTER D GENERAL FINANCIAL PROVISIONS
- Texas Section 8506.115 - Public Use Of Authority's Land
(a) The authority may not prevent free public use of its land for recreational purposes, hunting, or fishing except: (1) at such points where, in...
- Texas Section 8506.151 - Disbursement Of Money
The authority may disburse its money only by a check, draft, order, or other instrument signed by a person authorized to sign the instrument by...
- Texas Section 8506.152 - Accounts, Contracts, And Other Records; Public Inspection
(a) The authority shall keep complete and accurate accounts conforming to approved methods of bookkeeping. (b) The accounts and all contracts, documents, and records of...
- Texas Section 8506.153 - Filing Of Copies Of Audit Report
Copies of the audit report prepared under Subchapter G, Chapter 49, Water Code, shall be certified to by the accountant who performed the audit and...
- Texas Section 8506.154 - Rates And Other Charges
(a) The board shall establish and collect rates and other charges for the sale or use of water, water connections, power, electric energy, or other...
- Texas Section 8506.155 - Use Of Excess Revenue
If the authority receives revenue in excess of that required for the purposes specified by Section 8506.154(b), the board may: (1) use the excess revenue...
SUBCHAPTER E OBLIGATIONS RELATING TO BORROWED MONEY OR GRANTS
- Texas Section 8506.156 - Tax Or Assessment Or Pledge Of Credit Of State Not Authorized By Chapter
This chapter does not authorize the authority to: (1) levy or collect a tax or assessment; (2) create any debt payable out of taxes or...
- Texas Section 8506.201 - Loans And Grants
The authority may: (1) borrow money for the authority's corporate purposes; (2) borrow money or accept a grant from the United States and, in connection...
- Texas Section 8506.202 - State Pledge Regarding Rights And Remedies Of Bondholders
This chapter does not deprive this state of its power to regulate and control rates or charges to be collected for the use of water,...
- Texas Section 8506.203 - Obligation Payable From Revenue
A debt, liability, or obligation of the authority for the payment of money, however entered into or incurred and whether arising from an express or...
- Texas Section 8506.204 - Power To Issue Revenue Bonds
(a) The authority may issue revenue bonds for any corporate purpose in any amount authorized by the directors but not to exceed an aggregate principal...
- Texas Section 8506.205 - Terms Of Issuance
Authority bonds may be: (1) sold for cash; (2) issued on terms the board determines in exchange for property of any kind, or any interest...
- Texas Section 8506.206 - Deposit Of Proceeds
The proceeds of sale of authority bonds shall be deposited in one or more banks or trust companies, and shall be paid out according to...
- Texas Section 8506.207 - Resolution Provisions
(a) A resolution authorizing bonds may contain provisions approved by the board that are not inconsistent with this chapter, including provisions: (1) reserving the right...
- Texas Section 8506.208 - Default Procedures
(a) This section applies only to a default in: (1) the payment of the interest on bonds as the interest becomes due and payable; (2)...
- Texas Section 8506.209 - Power Of Authority To Purchase Bonds Issued By Authority
(a) Using any money available for the purpose, the authority may purchase bonds issued by it at a price not exceeding the redemption price applicable...
- Texas Section 8506.210 - Bonds Exempt From Taxation
A bond issued under this chapter and the interest on the bond is exempt from taxation, except inheritance taxes, by this state or by any...
Last modified: September 28, 2016