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<br />,. <br /> <br />Texas Water Cevelopment Board <br />Water Banlcinq <br /> <br />Paqe 5 of 6 <br /> <br />unless such information is required' to be withheld under the <br />Texas Open Records Act. Th. administrator may provide technical <br />assistanc. as possibl., to potential depositors, depositors, or <br />potential buyers, conc.rninq water conservation. <br /> <br />13.t.ll. _eqotiatioD of T.ra.. At the r.qu.st of both the <br />prosp.ctiv. buy.r and d.po.itor, the administrator may a..i.t in <br />the neqotiation of terms as.ociated with a propos.d transfer. <br /> <br />13.t.13. ..9ioDal Baat.. <br />(a) Th. board aay .stabli.h r.gional wat.r banlc., a. <br />n.c.s.ary, to fulfill the requir.m.nt. of the T.xas <br />Water Cod., Chapter 1.~, subchapter K. Th. board, by <br />contract or aqreement; may designate stat. aqenci.s, <br />political subdivisions, or oth.r .ntities or persons it <br />may deem appropriate to act as regional banlc.. <br />R.gional banlc. shall utilize the sam. proc.dur.s and <br />meet,th. sam. r.quir.ments that are .pecifi.d by this <br />chapt.r, unl.ss otherwise specifically authorized by <br />the board. Reqional banlc. shall r.port all activities <br />to the adainistrator in a aann.r and fr.qu.ncy <br />.pecifi.d by the admini.trator. r... sp.cifi.d in <br />5359.14 of th... rul.. .hall be coll.cted by th.' <br />reqional banlc, in accordanc. with the contract or <br />aqr....nt .x.cuted with the board. In .valuatinq the <br />d..iqnation of and n.c.s.ity for reqional banlc., the <br />board say con.id.r the r.gional banlc'. propos.d rules <br />and procedur.. for the followinq: <br />(1) d.t.raining the m.thod of allocation amonq <br />co.peting buyer. to leas. or purcha.. water <br />riqht.; <br />(2) d.t.raining the m.thod of allocation among the <br />d.po.itor. for r.imbur.ement; d.t.raining the f..s <br />and th.ir alloe-.nt und.r the Texa. Wat.r Cod., <br />515.705; <br />(3) aethod of notification of the board, commission, <br />and d.partm.nt of r.gional banlc activiti..; and <br />(4) .uch oth.r factors a. are d....d appropriate by <br />the board. <br />(b) Depo.it. into a duly authoriz.d r.gional banlc shall <br />.njoy the .... prot.ction and limitation. a. d.posits <br />.ad. into the banlc established by the.. rul... Th. <br />admini.trator may periodically review a regional banlc <br />for it. p.rformanc. and continuing neces.ity. Th. <br />board may dissolve any reqional banlc which it has <br />establi.hed under this ..ction. <br /> <br />Int.it. r.... <br />tran.action f.. upon <br />in the banlc, or upon <br /> <br />D.positor. shall pay the board a <br />the transf.r of each wat.r right deposited <br />a transf.r of a depo.ited water riqht that <br />