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New Braunfels Herald Zeitung: Wednesday, October 26, 2005 - Page 5

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   New Braunfels Herald-Zeitung (Newspaper) - October 26, 2005, New Braunfels, Texas                                Proposition 6 Constitutional County Judge may not reside in the same court of appeals district as any other member of the Therefore seven members would be atlarge Arguments For The Commission is responsible for reviewing misconduct of county so including a county judge would bring their perspective to the A body with this responsibility should be large enough to include many points of Arguments Against Increasing the size of the commission will unnecessarily increase The Legislative Budget Board estimates it will cost about more per It is important for the commission to have members from different geographic regions of Increasing the atlarge membership from three to seven could severely decrease geographic PROPOSITION 7 The constitutional amendment authorizing lineofcredit advances under a reverse SJR 7 Sponsors Carona and Hochberg Explanation The current Texas Constitution permits advances under a reverse mortgage to be made only in a lump sum or in regular equal amounts over a term of years or the lifetime of the If this amendment is it would allow senior homeowners to draw advances under a reverse mortgage when the money is needed and only in the amounts The homeowner could continue taking these periodic advances until the credit limit established by the loan documents is The legislation includes other such as prohibiting the securing of an advance with a credit or debit Transaction fees for each advance payment would not be allowed after the initial extension of credit is Arguments For Many senior homeowners age 62 years and older prefer to take advances against the equity in their homes only when the money is needed for property medical and other large bills not covered by their monthly This would help the homeowner preserve the equity in his or her home and significantly reduce the interest costs that only accrue on the amount that is Arguments Against Any borrowing against the equity in a home accrues principal and interest debt that must be repaid after the home is sold or the borrower PROPOSITION 8 The constitutional amendment providing for the clearing of land titles by relinquishing and releasing any state claim to sovereign ownership or title to interest in certain land in Upshur County and in Smith SJR 40 Sponsors Eltife and Hughes Explanation This amendment would confirm the decisions of the Commissioner of the General Land Office that certain land in Upshur County and Smith County is not thus clearing the titles to surface and mineral owners of this Since Texas Natural Resources Code has contained a law commonly referred to as the vacancy Strips of which fell between surveyed parcels of were considered vacant and still technically owned by the But if an applicant believes that he or she has located vacant an application can be made to the Commissioner of the General Land Office for a If the land is ultimately declared the applicant receives a royalty for the minerals that lie under the vacant In a vacancy application was filed in Upshur County for which affected more than surface landowners and more than mineral interest The Commissioner ruled that the land was not and the district court upheld that In a vacancy application was filed for approximately 900 acres in Smith The Commissioner determined that no vacancy and that decision is pending appeal in district Even though the land in question is not now some title companies continue to put exceptions in their title This amendment would clear those Arguments For This amendment will bring closure to thousands of landowners in these two counties who were affected by these two This amendment would eliminate the uncertainty that causes some title companies to hesitate in giving clear title to the subject Arguments Against This is a narrow issue that does not need to be addressed by a constitutional The law has worked as designed to protect the current property This amendment is limited to two cases in Upshur and Smith and will not rectify similar cases that might occur in other Texas PROPOSITION 9 The constitutional amendment authorizing the legislature to provide for a six year term for a board member of a regional mobility HJR 79 Sponsors Krusee and Staples Explanation If this proposed amendment is it will allow members of the board of a regional mobility authority RMA to serve terms not to exceed six with no more than onethird of the members of the board to be appointed every two A RMA is a political subdivision formed by one or more counties to expand or extend transportation Board members are appointed by the counties involved the chair of the board is appointed by the Regional mobility authorities were originally authorized by the Texas Legislature in In 2003 the legislature created the Regional Mobility which included a change in the length of the term of office of a board member from two years to six Since the Texas Constitution sets the term of office for appointed boards to be two an amendment would be needed to extend the term of board members of Argument For One function of regional mobility authorities is to recommend and seek investment for transportation projects in a Consistency and stability of the RMA leadership will make transportation projects more likely to attract investment from capital Sixyear terms allow for consistency and Argument Against The Constitution limits the terms of appointed boards to two Limited powers are an important part of Texas VOTE NOVEMBER 8   

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