Sec. 1074.205. BOND ELECTION. (a) The district may issue bonds, other than refunding bonds, to be wholly or partly secured by an ad valorem tax only if the bonds are authorized by a majority of the district voters at an election that is held in the district.
(b) The bond election order must specify:
(1) the nature and date of the election;
(2) the location of the polling places;
(3) the hours during which the polls will be open;
(4) the amount of the bonds to be authorized; and
(5) the maximum maturity of the bonds.
(c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Section: Previous 1074.159 1074.160 1074.161 1074.201 1074.202 1074.203 1074.204 1074.205 1074.206 1074.207 1074.208 1074.209 1074.210 1074.211 1074.251 NextLast modified: September 28, 2016