Sec. 58.483. HEARING AND ELECTION ON CERTAIN BONDS. (a) A district which plans to issue bonds payable from and secured by a pledge of net revenue and a lien on the physical property, either or both, without the levy of taxes, is not required to hold a hearing to exclude land or adopt a plan of taxation.
(b) The proposition for issuance of bonds may be submitted at the election held to confirm the creation of the district or at an election called by the board.
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Section: Previous 58.476 58.477 58.478 58.479 58.480 58.481 58.482 58.483 58.484 58.501 58.502 58.503 58.504 58.505 58.506 NextLast modified: September 28, 2016