Establishes River Ranch Municipal Utility District No. 1 in Williamson County, Texas.

The bill establishes the River Ranch Municipal Utility District No. 1 in Williamson County, Texas. It outlines the district's initial territory, which includes various tracts of land totaling approximately 395.38 acres. The district is governed by a board of five elected directors, who serve staggered four-year terms. The district has the authority to issue bonds and other obligations, but must hold an election to impose an ad valorem tax or issue bonds payable from ad valorem taxes. The district may not exercise the power of eminent domain.

Establishes River Ranch Municipal Utility District No. 1 in Williamson County, Texas.

The bill establishes the River Ranch Municipal Utility District No. 1 in Williamson County, Texas. It outlines the district's initial territory, which includes various tracts of land totaling approximately 395.38 acres. The district is governed by a board of five elected directors, who serve staggered four-year terms. The district has the authority to issue bonds and other obligations, but must hold an election to impose an ad valorem tax or issue bonds payable from ad valorem taxes. The district may not exercise the power of eminent domain.