05-16-83 Meeting of the La Porte Area Water Authority Board Minutes

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1 pledges and agrees with the holders of any bonds or notes issued 2 under this Act that it will not limit or alter the rights vested 3 in the authority to fulfill the terms of any agreements made with 4 the holders of the bonds or notes consistent herewi th, or in any 5 way impair the rights and remedies of the holders until the bonds 6 or notes, together with interest on them, with interest on any unpaid 7 installments of interest, and all costs and expenses for which the 8 authority is liable in connection with any action or proceedings by 9 or on behal f of the holders, are fully met and discharged. The 10 authority may include this pledge and agreement of the State in any 11 agreements it makes with the holders of the bonds or notes. 12 Section 13. A. The authority shall have the right, power and 13 authori ty to construct, lay, maintain and operate canals, laterals, 14 ditches, levees, pipelines and all other facilities for the trans- 15 portation and distribution of water, together with service roads 16 and all other facilities incidental to and designed for use in con- 17 nection with such transportation and distribution of water, under, 18 along and across any railroad; railroad right-of-way; canal; stream; 19 pipeline; utility line; streets or alleys in cities, towns and vil- 20 lages, subject to reasonable regulation by such cities, towns and 21 villages; and public roads and highways, but such crossings shall 22 not impair the uses of the facilities crossed, and such facilities 23 shall be promptly restored to their former condi tion of usefulness. 24 B. In the event that the authori ty, in the exercise of the 25 power of eminent domain or power of relocation, or any other power 26 granted hereunder, makes necessary the relocation, raising, rerouting 27 or changing the grade of, or altering the construction of, any high- 25