Texas Special District Local Laws Code
Sec. § 1069.253
General Obligation Bond Election


(a)

The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters voting at an election held for that purpose.

(b)

The order calling a bond 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;

(5)

the maximum interest rate of the bonds; and

(6)

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 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
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Last accessed
May. 21, 2019