Sec. 372.0055. DEFERRED ASSESSMENT; ESTIMATE. If a proposed improvement under Section 372.005 includes a deferred assessment, before holding the hearing required by Section 372.009, the governing body of the municipality or county must estimate:
(1) the appraised value of taxable real property liable for assessment in the district; and
(2) the cost of the improvement.
Added by Acts 2011, 82nd Leg., R.S., Ch. 970 (H.B. 1400), Sec. 3, eff. September 1, 2011.
Section: Previous 372.001 372.0015 372.002 372.003 372.0035 372.004 372.005 372.0055 372.006 372.007 372.008 372.009 372.010 372.011 372.012 NextLast modified: September 28, 2016