Sec. 49.505. CALCULATION OF PROPORTIONATE WATER RIGHTS. A district that receives a petition under Section 49.503 shall compute the proportionate amount of water rights to the Rio Grande. The proportionate amount of water rights is equal to the amount of irrigable acres of land in the subdivision multiplied by the lesser of:
(1) 1.25 acre-feet per irrigable acre; or
(2) the sum of all irrigation water rights owned by the district on September 1, 2007, as if the water rights had been converted to municipal use under applicable commission rules, divided by the total amount of irrigable acres of land in the district on September 1, 2007.
Added by Acts 2007, 80th Leg., R.S., Ch. 1430 (S.B. 3), Sec. 2.24, eff. September 1, 2007.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 49 - Provisions Applicable to All Districts
Subchapter O. Effect of Subdivision of Nonagricultural Land on Water Rights
Section 49.503. Petition by Municipal Water Supplier to Convert Water Use After Subdivision
Section 49.504. Effect of Municipal Water Supplier's Failure to File a Petition
Section 49.505. Calculation of Proportionate Water Rights
Section 49.506. Provision or Conversion of Proportionate Water Rights by District
Section 49.507. Contract to Purchase Proportionate Water Rights; Water Rights Sale Contract
Section 49.508. Contract to Use Proportionate Water Rights; Water Supply Contract
Section 49.509. Duty of Rio Grande Regional Water Authority to Calculate Current Market Value
Section 49.510. Accounting for Sale of Water Rights