Tex. Spec. Dist. Local Laws Code Section 3862.153
Petition Required for Financing Services and Improvements with Assessments

(a)

The board may not finance a service or improvement project with assessments under this chapter unless a written petition requesting that service or improvement has been filed with the board.

(b)

The petition 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 Webb County; or

(2)

at least 25 persons who own real property in the district subject to assessment, if more than 25 persons own real property in the district subject to assessment as determined by the most recent certified tax appraisal roll for Webb County.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1365 (S.B. 1601), Sec. 1, eff. June 14, 2013.

Source: Section 3862.153 — Petition Required for Financing Services and Improvements with Assessments, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3862.­htm#3862.­153 (accessed Jun. 5, 2024).

3862.001
Definitions 3862.002
Creation and Nature of District 3862.003
Purpose 3862.004
Findings of Benefit and Public Purpose 3862.005
District Territory 3862.006
Eligibility for Inclusion in Special Zones 3862.007
Applicability of Municipal Management Districts Law 3862.008
Liberal Construction of Chapter 3862.051
Governing Body 3862.052
Qualifications of Directors Appointed by City 3862.053
Appointment of Directors 3862.054
Vacancy 3862.055
Director’s Oath or Affirmation 3862.056
Quorum 3862.057
Officers 3862.058
Compensation 3862.059
Liability Insurance 3862.060
No Executive Committee 3862.061
Board Meetings 3862.101
General Powers and Duties 3862.102
Improvement Projects and Services 3862.103
Development Corporation Powers 3862.104
Nonprofit Corporation 3862.105
Agreements 3862.106
Law Enforcement Services 3862.107
Membership in Charitable Organizations 3862.108
Economic Development 3862.109
Parking Facilities 3862.110
No Eminent Domain Power 3862.151
Disbursements and Transfers of Money 3862.152
Money Used for Improvements or Services 3862.153
Petition Required for Financing Services and Improvements with Assessments 3862.154
Method of Notice for Hearing 3862.155
Assessments 3862.156
Limitation on Amount of Certain Assessments 3862.157
Tax and Assessment Abatements 3862.201
Bonds and Other Obligations 3862.202
Bond Maturity 3862.203
Taxes for Bonds and Other Obligations 3862.204
Elections Regarding Taxes 3862.251
Dissolution by City Ordinance 3862.252
Collection of Assessments and Other Revenue 3862.253
Concurrence on Additional Powers 3862.254
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 3862.153’s source at texas​.gov