Tex. Spec. Dist. Local Laws Code Section 3986.0401
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)

A petition filed under Subsection (a) must be signed by 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 the county.

Added by Acts 2019, 86th Leg., R.S., Ch. 1269 (H.B. 4706), Sec. 1, eff. June 14, 2019.

Source: Section 3986.0401 — Petition Required for Financing Services and Improvements with Assessments, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3986.htm#3986.0401 (accessed Jun. 5, 2024).

3986.0101
Definitions 3986.0102
Nature of District 3986.0103
Purpose 3986.0104
Findings of Benefit and Public Purpose 3986.0105
Initial District Territory 3986.0106
Eligibility for Inclusion in Special Zones 3986.0107
Applicability of Municipal Management Districts Law 3986.0108
Construction of Chapter 3986.0109
Compliance with and Enforceability of Municipal Consent Agreement, Ordinance, or Resolution 3986.0201
Governing Body 3986.0202
Compensation 3986.0203
Initial Directors 3986.0301
General Powers and Duties 3986.0302
Improvement Projects and Services 3986.0303
Nonprofit Corporation 3986.0304
Law Enforcement Services 3986.0305
Membership in Charitable Organizations 3986.0306
Economic Development Programs 3986.0307
Parking Facilities 3986.0308
Adding or Excluding Land 3986.0309
Disbursements and Transfers of Money 3986.0310
Division of District 3986.0311
Residential Property Not Exempt from Certain Requirements 3986.0312
No Eminent Domain Power 3986.0401
Petition Required for Financing Services and Improvements with Assessments 3986.0402
Assessments 3986.0501
Tax Election Required 3986.0502
Tax Limitation 3986.0503
Operation and Maintenance Tax 3986.0504
Authority to Borrow Money and to Issue Bonds and Other Obligations 3986.0505
Bonds Secured by Revenue or Contract Payments 3986.0506
Bonds Secured by Ad Valorem Taxes 3986.0507
Consent of Municipality Required 3986.0901
Dissolution

Accessed:
Jun. 5, 2024

§ 3986.0401’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_3986.0401

Original Source: Section 3986.0401 — Petition Required for Financing Services and Improvements with Assessments, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3986.htm#3986.0401 (last accessed Jun. 5, 2024).