Sec. 163.073. APPLICABILITY; ALTERNATE GOVERNANCE. (a) This subchapter applies to a municipal power agency created by two or more public entities under Subchapter C or a predecessor statute, including an agency re-created under Section 163.055 or a predecessor statute.
(b) The participating public entities of a municipal power agency may by concurrent ordinance elect to apply this subchapter to the agency as an alternative to Subchapter C.
(c) Concurrent ordinances described by this section must, as adopted by each public entity:
(1) contain identical provisions; and
(2) state that the public entity has elected that the agency shall, on and after the date designated in the ordinance, be governed by the provisions of this subchapter.
Added by Acts 2015, 84th Leg., R.S., Ch. 1162 (S.B. 776), Sec. 3, eff. September 1, 2015.
Structure Texas Statutes
Title 4 - Delivery of Utility Services
Subtitle A - Utility Corporations and Other Providers
Chapter 163 - Joint Powers Agencies
Subchapter C. -1. Alternate Governance for Certain Municipal Power Agencies
Section 163.073. Applicability; Alternate Governance
Section 163.074. Conflicts With Other Law
Section 163.075. Nature of Agency
Section 163.076. Addition or Removal of Public Entities
Section 163.077. Election for Addition of Public Entity
Section 163.078. Board of Directors
Section 163.079. Separate Boards of Directors
Section 163.081. Construction Contracts
Section 163.082. Sale or Exchange of Electric Energy
Section 163.083. Rates and Charges
Section 163.084. Revenue Bonds
Section 163.085. Refunding Bonds
Section 163.086. Issuance, Form, and Provisions of Bonds
Section 163.087. Nonnegotiable Purchase Money Notes
Section 163.088. Bond Anticipation Notes