Sec. 1039.203. GENERAL OBLIGATION BOND ELECTION  


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  • (a) The district may issue bonds payable from taxes only if the bonds are authorized by a majority of the district voters.

    (b) The order calling the election shall provide for clerks as in county elections and must specify:

    (1) the date of the election;

    (2) the location of the polling places;

    (3) the presiding and alternate election judges for each polling place;

    (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 by publishing a copy of the election order in a newspaper of general circulation in the district once a week for two consecutive weeks. The first publication must appear at least 30 days before the date of the election.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.02, eff. April 1, 2009.