CHAPTER 671. CITY OF LAREDO PORT OF ENTRY AUTHORITY
BUSINESS AND COMMERCE CODE
TITLE 15. CURRENCY AND TRADE
SUBTITLE B. PORT OF ENTRY AUTHORITIES
CHAPTER 671. CITY OF LAREDO PORT OF ENTRY AUTHORITY
SUBCHAPTER A. GENERAL PROVISIONS
Sec. 671.001. DEFINITIONS. In this chapter:
(1) "Authority" means the City of Laredo Port of Entry Authority
created under this chapter.
(2) "Board" means the governing board of the authority.
(3) "City" means the city of Laredo.
(4) "Governing body" means the governing body of the city.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.002. CREATION OF AUTHORITY. The city by ordinance may
create the City of Laredo Port of Entry Authority for the
purposes provided by this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.003. AUTHORITY JURISDICTION. The authority's
jurisdiction is coextensive with the area within the boundaries
and extraterritorial jurisdiction of the city.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
SUBCHAPTER B. GOVERNING BOARD
Sec. 671.051. COMPOSITION OF BOARD. (a) The authority is
governed by a board of 11 members appointed by the governing
body.
(b) Nine members are voting members who must reside in the
authority and two members are nonvoting members who must reside
in Mexico.
(c) The voting board members must include:
(1) one representative of United States customs brokers;
(2) one representative of freight forwarders;
(3) one representative of the transportation industry;
(4) one international banker; and
(5) one representative of a maquiladora project.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.052. BOARD TERMS; VACANCY. (a) Board members serve
staggered two-year terms, with the terms of five members expiring
February 1 of each odd-numbered year and the terms of six members
expiring February 1 of each even-numbered year.
(b) A vacancy that occurs more than 60 days before the
expiration date of a term shall be promptly filled for the
unexpired term by the appointment of a member who has the same
qualifications as the member creating the vacancy.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.053. OFFICERS. The board shall select from among the
board's voting members a presiding officer, an assistant
presiding officer, a treasurer, and any other officers that the
board considers appropriate.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.054. REMOVAL. After a hearing, a board member may be
removed for cause by a two-thirds vote of the membership of the
governing body.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.055. COMPENSATION; REIMBURSEMENT. A board member
serves without compensation but is entitled to reimbursement for
necessary expenses incurred in the performance of duties as a
member.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
SUBCHAPTER C. POWERS AND DUTIES
Sec. 671.101. FEES. The authority shall establish and collect
rentals, tolls, and other appropriate fees:
(1) from an operator of a commercial vehicle entering the
authority by an international bridge; and
(2) for the use of any other facility designated by the city.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.102. USE OF MONEY. The authority may use the money
collected under this chapter as the board determines appropriate
only for the development and promotion of international trade.
The authority must obtain the approval of the governing body
before any expenditure of money.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.103. EFFECT OF AUTHORITY ACTION; CITY APPROVAL. (a)
Not later than the 15th day after the date on which the authority
or the board acts, the city may approve or disapprove the action.
(b) If the city disapproves an action under Subsection (a), the
action has no effect. If the city does not disapprove the
action, the action becomes effective on the earlier of:
(1) the date on which the city approves the action; or
(2) the 15th day after the date on which the authority or board
acted.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.104. AD VALOREM TAXES AND BONDS PROHIBITED. The
authority may not:
(1) impose an ad valorem tax; or
(2) issue bonds.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.105. DEPOSITORY; ORDER TO DISBURSE. (a) The treasurer
of the authority shall deposit money collected by the authority
in a separate account in a bank or trust company.
(b) Money of the authority may be paid out on the warrant or
other order of the presiding officer of the board or another
person designated by the authority.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 671.106. AUDIT. (a) At least once a year, the authority
shall have a certified public accountant conduct an audit of the
authority's books, accounts, and other records. A copy of the
audit shall be delivered to the city.
(b) If the authority does not have the required audit conducted,
an auditor or accountant designated by the city may examine, at
the expense of the authority, the accounts and books of the
authority, including receipts, disbursements, contracts, leases,
investments, and other matters relating to the authority's
finances, operation, and affairs.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.