Sec. 58.798. NOTICE OF ELECTION. (a) The president and secretary of the board shall issue notice of the election, stating:
(1) the findings of the board with reference to the dissolution of the district;
(2) the amount of bonds to be issued;
(3) the interest rate on the bonds; and
(4) the time and place of the election.
(b) The notice also shall contain a statement of the estimates and the expenses incurred and to be incurred in the dissolution of the district and the collection of taxes for the payment of the bonds and shall state that the bonds will be payable by the levy of taxes on the taxable property in the district in proportion to the values of the property as provided in Section 58.804 of this code.
(c) The notice shall be published once a week for two consecutive weeks in a newspaper with general circulation in the county or counties in which any part of the district is located. The first publication shall be at least 14 days before the day of the election.
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.Section: Previous 58.790 58.791 58.793 58.794 58.795 58.796 58.797 58.798 58.799 58.800 58.801 58.802 58.803 58.804 58.805 Next
Last modified: September 28, 2016