H.B. 194
         AMENDMENTS TO COUNTY IMPROVEMENT DISTRICTS FOR WATER SERVICES

House Floor Amendments

January 26, 1998 7:27 PM



Representative Gladwell proposes the following amendments:

1.    Page 6, Line 31:    After "shall" insert ", except as provided in Subsection (6)(d)"

2.    Page 8, Line 5:    After line 5 insert:

        "(d)(i) The requirement to engage engineering and accounting consultants under Subsection (6)(a) does not apply if the municipal legislative body and the governing body of the improvement district agree on:
        (A) the allocation of improvement district assets between the municipality and the improvement district; and
        (B) the proposed withdrawn area's proportionate share of the improvement district's outstanding general obligation and revenue bonds and the terms and conditions pursuant to which the municipality will pay that proportionate share.
        (ii) Each agreement under Subsection (6)(d)(i)(B) shall comply with the requirements of Subsection (7)(b)(iii).
"

3.    Page 9, Line 5:    After "Subsection (7)(b)(i)(B)" insert "or as agreed between the municipal legislative body and the governing body of the improvement district under Subsection (6)(d)(i)(B)"


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