Untitled Texas Attorney General Opinion

August 17, 1967 Honorable George A. Day Opinion No. M-129 County Attorney Brown County Re: Whether a Municipal Gas 308~ North Broadway Corporation, created as Brownwood, Texas a non-profit corporation to serve a municipality, is exempt from city, State, Dear Mr. Day: county and school taxes. We quote the following excerpt from your letter re- questing the opinion of this Office on the above captioned matter: "The Brady, Texas, Munidipal Gas Corpo- ration has claimed exemption from ad valorem taxation for county, city and school pur- poses. The question to be determined is whether or not from and after January lst, 1967, the natural gas utili.ty ser,ving the . City of,Brady, Texas, and its environs will be subject to ad valorem taxation by Brown County, Texas, and for city and school pur- poses? "On September 24, 1965, the City Council of the City of Brady, Texas, adopted a rasolu- tion requesting five Individuals to act as initial directors of a corporation to be estab- lished (under the Texas Non-Profit, Corporation Act) for the purpose of acquiring the existing natural gas utility system operating within the City of Brady and its environs. "The Corporation was established under the name 'BRADY, TEXAS, MUNICIPALGAS CORPORATION.' The Articles of Incorporation were filed In the office of the Secretary of State on November.12, 1965. The Articles read in part as follows: "'The purpose or purposes for which the corporation is organized is to promote the pub- lic interests of the City of Brady, Texas, by - 595 - Honorsble ffeorge A. Day, page 2 (M-129). * constructing, acquiring, owning, leasing and operating municipal natural gas utility faclli- ties in behalf of and for the benefit of the City of Brady, Texas, and Its Inhabitants. All properties of the corporation shall be’f& the use’and benefit of the public and no part of the income or~revenues of the cor- poration shall ever be paid to or Inure to the beneflt of any director or officer of the cor- poration except for reimbursement of actual,ex- penses incurred in connection with the business affairs of the corporation. . . .Nothlng here,-’ in shall prohibit the employfilent of a general .. manager In accordance with the provisions of Article 1396-2.24 of the Texas Non-Profit Cor- poration Act. Upondissolution or liquidation of the corporation after satisfaction of all debts and claims) i sic7 shall be distributed, 5 transferred and conve?ed to or for the benefit of the City of Brady, Texas.’ “A franchise has been granted to the Cor- poration for the use of public streets, alleys, : public grounds, etc. by the Corporation. The franchise contains a provialon whereby at any time the City may purchas,e the properties of the Corporation by paying the indebtedness of the Cor- poration in the manner prescribed. This pro- vision is intended to provide a procedure where- by the City may acquire full legal and equitable title to the properties at any time it desires to do so. The franchise with the City pro- vides for &Lain payments to be made the City ~~ in lieu of all other taxes. . . . “The phrasing of this portion of the fran- chise is attempted compliance with Article 1038, V.A.T.C.S. which reads as follows: “‘The City Council may, by ordinance,.pro- vide for the exemption from taxation of such property as they may deem just and proper.’ !The Indenture of Mortgage and Deed of’ Trust ‘to be executed by and between the Corpo- ration and the Mercantile National Bank at - 596 “, Honorable George A. Day, page 3 (M-129) Dallas, Dallas, Texas, Trustee, contains sever- al provisions relating to acquieitlon of the properties by the City . . .” The company, prior to the final payment of the bonds, may assign or convey all or part of the System Andyor’part of the Trust Estate to the City upon the terms and conditions expressed In the Indenture of mortgage and deed of trust. The rights of the City are limited should such a conveyance~occur, until the time the outstanding indebtedness (secured by the Indenture) Is retired. Furthermore, all obligations asaumed by the company would not be affected by any conveyance. The City during the time bonds, refunding bonds and ad- ditional bonds are outstanding has an option to purchase the System, subject to stated terms and conditions. Unless the City proceeds to purchase the System as pro- vided in the Indenture, all covenants of the company shall re- main the,obllgation and responsibility of the company, but in all other respects the City may have such possessory rights as expressed either in the instrument of conveyance or in a con- tract by and,between the company and the City. , When all of the bonds a’nd coupons secured have been paid or redeemed, all of the System and Trust Estate shall re- vert to the company or the City, If the City is entitled to re- ceive same under the provisions of the indenture. At page 7 of the brief submitted in connection with your request, the following statement appears: “After the Indenture has been executed and the bonds authenticated and delivered, it is contemplated that the Corporation will make a conveyance of properties to the City of Brady .(in substantially the form attached) as con- templated by the provision of the Indenture< quoted,” We have concluded’that under the facts of this case, the property in question is not exeypt from ad valorem taxes by virtue of Article XI, Section 9 of the Constitution of the I/ Section 9 of Article XI reads, in part,’ as follows: * 597 - Honorable George A. Day, page 4 (N-129) Stats of Texas, which exempts from ad valorem taxes various political subdivisions of the State. We base our holding on Texas Turnpike Company v. Dallas County, 153 Tex. 474, 271 . . 400 (1954 ) . In~Texas Turnpike, the corporations were chartered under Articl.e lm subdivision 61, Vernon’s Civil Statutes,, for the purpose of building, bpbrctiag and maintaining toll roads within the State of Texas. The corporations based their claim for exemption on certain provisions of Article 6674v, Vernon’s Civil Statutes. This Article created Texas Turnpike Authority as a State agency. Their position was that when certain by-laws of these corporations and certain escrow agree- ments were considered together, the result was a placing of taxable title to the property in the State. The court reject- ed this contention even though the corporations were obligated to make an irrevocable gift of all of their assets to the State of Texas and bind themselves to use all of their net income to retire Indebtedness. Upon acquisition of real property, the corporations were to execu,te conveyances thereof to the State of TeXaB and place same in escrow with an agreement that the escrow agent deliver the instruments to the Authority upon com- pliance with the requirements. At page 402 of the opinion, the Court said: “Under the foregoing facts is the property in question ‘publicly owned’ so as to ge exempt from taxes under Article XI, Section 9 of the constitution? Public ownership, for tax-exemp- tion purposes, must grow out of the facts; it js R legal statue, based on facts, that may not be created or conferred by mere legislative, or I/ (continued) “The property of counties, cities and towns, owned and held only for public purposes, such as public buildings and the sites therefor, fire en- gines and the furhiture thereof, and all property used, or Intended for extinguishing fires, public grounds and all other property devoted exclusively to the use and benefit of the public shall be ex- empt from forced sale and from taxation, . , .‘I - 598 - . . Honorable George A. Day, page 5 (M-129) even contractual, declaration. If the state does not in fact own the taxable title to the property, neither the Legislature by statute, nor the petitioners and the Authority by’ contra2t, may make the state the owner thereof by Simply saying that it Is the owner. “The petitioners own and will ownthe legal title to the property acquired and to be acquired O They are, and will .bc, In possesslon and control of the property. They halve placed, and will place, deeds conveying the legal title to the sta,te in escrow, but the deeds are to be delivered and to take effect only upon certain conditions, some one or more of which may never occur or exist. Under these facts petitioners contend that the state is th,e owner of the equi- table title to the property and that the equi- table title is the taxable title. Undoubtedly the equitable title is the taxable title in those situations In which the grantee takes possession under a deed in which a vendor’s lien is reserved or under a contract of sale by which the vendee is obligated to pay the purchase price. Taber v. S~tate, 38 Tex.Civ,App.. 235, 85 S.w...835, ..writ,‘~.~ refused; Harvey v. Provident Inv, Co., Tex.Civ. APP., 156 S.W, 1127, writ refused; Leonard v. Kendall, Tex,Clv.App., 5 S.W.2d 197, writ dis- missed. Undoubtedly, also, this court has said that the grantee in a conveyance held in escrow is the owner b? the equitable title to the proper- ty conveyed. Cowden v. Broderick & Calvert, 131 Tex. 434, 114 S.W.2d 1166, 117 A.L,R, 61; Alworth v. Ellison, Tex.Civ.App., 27 S.W.2d 639, writ refused; But in the latter cases taxable ownership was,not the issue. Moreover, in such cases delivery of the conveyance by the escrow agent was depend- ent upon performance of certain conditions by the grantee; the grantee had it within his power to per- form the conditions and compel the delivery of the conveyance transferring legal title. That is not true in this case. Here, the right of the state, as grantee, to acquire the deeds and the legal title they convey Is enttielg dependent upon performance of conditions by the grantors. The state owns - 599 - . . . Fwrable George A.'Day, page 6 (~-129) neither the legal nor the equitable title. It holds at most a right to become the owner of the legal title under certain conditions. Its Interest in the property iB not a vested ln- terest; it is purely contingent. ‘If, Instead of the state, another private corporation were the grantee in the deeds, would the grantee’s Interest in the property be taxable? It would ’ .‘.. not because the grantee’s interest would be ptirely contingent. Thus it is held that a con- tingent remainder in property is not a taxable title. Nation v. Green, 188 Ind. 697, 123 N.E. 163. Neither is a possibility of reverter. Mayor and.council of City of Gainesville v. ” Brenau College, 150 Ga. 156, 103 S.E. 164. If the agreements made by petitioners would not create a taxable ownership in a private grantee, it is difficult ~to see how they could create a tax-exempt ownership in the State of TeXaB. “The toll roads proposed by petitioners are mammothprojects which will cost rqsny millions of dollars. If their construction is begun but abandoned, or if bondholders should be compelled to foreclose their liens and take over the proper-: ties, or if the methods and procedures of the State Highway Department are not followed in the letting of contracts for construction and main- tenance, or if the roads are not constructed and maintained in a manner equal or superior to. the standards of the State liighway Commission, or If the roads are not kept In good condition and repair to the satisfaction of the State Highway Commission - in any of these possible eftuations,~the State could not become the owner of the roadb under the express provisions of the statute. It iS not enough that petitioners’ officers and directors assure us that these contingencies will not happen, or even that they have taken all possible steps to guard against their happening; they yet remain possi- bilities and as long as this is so the state’s in- terest in the property is purely contingent and the taxable ownership is in petitioners.” . - Honorable George A. Day, page 7 (M-129) The holding in Texas Turnpike has been followed in Dickison v. Woodmen of the World Life Ins. Sot., 280 S.W.2d 315 318 (Tex.Civ.App. 1933 f *M aher'v: Laeater, 163'Tex. 356, 354 S.W.2d g25,e;gy(fG62 i and Tarrant County Water Supply Carp, v. Hurst-Euless-Bedford ISD, 391 S.W,2d 62 (Tex.Civ.App. lgbh P 1 We think the facts in Texas Turnpiki ~~~fh~faSt~':u~milted.to us are so clearly analogous that. further analysis would be superfluous. You are therefore advised that since the City of Brady would not have title to the properties involved, the property in question is not ent.itled to the exemption accorded by Article XI, Section 9 of t.he Constitution of Texas. SUMMARY Under submitted facts, a Municipal Gas Corporation, created as a nonrprofit corpora- tion to serve a municipality, would not be exempt. from city, State, county and school district ad valorem taxes by the provisions of Section 9 of Article XI of the Constitu- tion of Texas. Yopyvery truly, MMP:ms Prepared by Marietta McGregor Payne Assistant Attorney Generals APPROVED: OPINIONCOMMITTEE Kerns B. Taylor, Chairman W. 0. Shultz, Co-Chairman John R. Grace John Banks John Duren Robert Flowers STAFF LEGALASSISTANT A. J. Carubbi, Jr. :