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Texas Statutes (Last Updated: January 4, 2014) |
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SPECIAL DISTRICT LOCAL LAWS CODE |
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Title 4. DEVELOPMENT AND IMPROVEMENT |
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Subtitle C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT |
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Chapter 3830. SPRING BRANCH AREA COMMUNITY IMPROVEMENT DISTRICT |
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Subchapter D. FINANCIAL PROVISIONS |
Sec. 3830.153. PETITION REQUIRED FOR FINANCING SERVICES AND IMPROVEMENTS
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(a) The board may not finance a service or improvement project with assessments or bonds under this chapter unless a written petition requesting that service or improvement has been filed with the board.
(b) A petition requesting a project financed by assessment must be signed by:
(1) the owners of a majority of the assessed value of real property in the district subject to assessment according to the most recent certified tax appraisal roll for Harris County; or
(2) at least 50 owners of real property in the district that will be subject to the assessment, if more than 50 persons own real property subject to the assessment in the district according to the most recent certified tax appraisal roll for Harris County.
(c) A petition requesting a project financed by bonds must be signed by the owners of a majority of the assessed value of real property in the district that will be subject to the assessment according to the most recent certified tax appraisal roll for Harris County.