Sec. 163.054. CREATION OF AGENCY. (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 agency under this subchapter only if on May 8, 1975, and at the time the concurrent ordinance is adopted, the entity was engaged in the authorized generation of electric energy for sale to the public. This subsection does not prohibit a public entity from disposing of its electric generating capabilities after creation of the agency.
(c) An agency is a:
(1) separate municipal corporation;
(2) political subdivision of this state; and
(3) political entity and corporate body.
(d) An agency may not impose a tax but has all the other powers relating to municipally owned utilities and provided by law to a municipality that owns a public utility.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Delivery of Utility Services
Subtitle A - Utility Corporations and Other Providers
Chapter 163 - Joint Powers Agencies
Subchapter C. Municipal Power Agencies
Section 163.053. Conflicts With Other Law
Section 163.054. Creation of Agency
Section 163.055. Re-Creation of Agency
Section 163.057. Contents of Concurrent Ordinance
Section 163.059. Board of Directors
Section 163.061. Construction Contracts
Section 163.062. Sale or Exchange of Electric Energy
Section 163.063. Rates and Charges
Section 163.064. Revenue Bonds
Section 163.065. Refunding Bonds
Section 163.066. Issuance, Form, and Provisions of Bonds