Sec. 1074.205. BOND ELECTION  


Latest version.
  • (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 , Sec. 1.01, eff. April 1, 2013.