Sec. 8503.022. PROPERTY USEFUL IN THE PRODUCTION OR UTILIZATION OF ELECTRIC ENERGY. This chapter does not prohibit or restrict the sale, lease, or other disposition, to an electric cooperative, municipality, nonprofit corporation created by the authority under Chapter 152, Water Code, or other governmental agency or body politic and corporate of this state, of any property acquired or constructed by the authority and incidental to or used or useful in the generation, production, transmission, distribution, or sale of electric energy. The authority may pledge the proceeds of a sale under this section to the same extent and in the same manner in which it is authorized to pledge its revenues.
Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.
Renumbered from Water Code, Section 222.022 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(m), eff. September 1, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle G - River Authorities
Chapter 8503 - Lower Colorado River Authority
Section 8503.0021. Application of Sunset Act
Section 8503.004. Powers and Duties
Section 8503.005. Limitations of Authority
Section 8503.006. Board of Directors
Section 8503.0065. Director Training
Section 8503.007. Officers; General Manager; Employees
Section 8503.008. Disbursement of Funds; Surety Bonds
Section 8503.009. Office; Records
Section 8503.010. Conflict of Interest
Section 8503.0105. Public Engagement Policy
Section 8503.0107. Public Testimony
Section 8503.0108. Alternative Dispute Resolution Procedures
Section 8503.011. Rates and Charges
Section 8503.012. Payment of Debts
Section 8503.013. Issuance of Bonds
Section 8503.014. Default Procedures
Section 8503.016. Authority as Conservation and Reclamation District
Section 8503.017. Bonds as Negotiable Instruments
Section 8503.018. Additional Powers Relating to Contracts, Rules, and Regulations
Section 8503.019. Purchase of Bonds
Section 8503.020. Disposition of Property
Section 8503.021. Property Agreements With City of Austin
Section 8503.022. Property Useful in the Production or Utilization of Electric Energy
Section 8503.023. Public Access
Section 8503.024. Bonds Exempt From Taxation
Section 8503.025. Source of Authority
Section 8503.026. Bonds as Investments and Security for Deposits
Section 8503.027. Construction
Section 8503.028. Authority Powers in Lampasas County
Section 8503.029. Additional Specific Powers
Section 8503.030. Provision of Water to Municipality Outside Colorado River Basin
Section 8503.031. Authority of Municipality to Contract for Water
Section 8503.032. Broadband Service Infrastructure and Connectivity