Tex. Spec. Dist. Local Laws Code Section 9015.354
Election for Bonds Payable from Ad Valorem Taxes

(a)

Bonds, other than refunding bonds, payable wholly or partly from ad valorem taxes may not be issued unless authorized by a majority of the authority voters voting at an election.

(b)

The board may order an election under this section without a petition. The order must specify:

(1)

the time and places at which the election will be held;

(2)

the purpose for which the bonds will be issued;

(3)

the maximum amount of the bonds;

(4)

the maximum maturity of the bonds;

(5)

the form of the ballot; and

(6)

the presiding judge for each voting place.

(c)

Notice of the election must be given by publishing a substantial copy of the order calling the election in a newspaper of general circulation in the authority. The notice must be published on the same day in each of two consecutive weeks. The first publication must be not later than the 14th day before the date of the election. If a newspaper of general circulation is not published in the authority, notice must be given by posting a copy of the resolution in three public places in the authority.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.12, eff. April 1, 2009.
Renumbered from Special District Local Laws Code, Section 9009.354 by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 27.001(85), eff. September 1, 2009.

Source: Section 9015.354 — Election for Bonds Payable from Ad Valorem Taxes, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9015.­htm#9015.­354 (accessed Jun. 5, 2024).

9015.001
Definitions 9015.002
Nature of Authority 9015.003
Findings of Benefit and Public Purpose 9015.004
Construction of Chapter 9015.051
Authority Territory 9015.052
Annexation of City Territory 9015.101
Composition of Board 9015.102
Appointment of Directors 9015.103
Qualifications for Office 9015.104
Vacancy 9015.105
Appointment of Secretary and Treasurer 9015.106
Vote by Board President 9015.107
Director’s and Treasurer’s Bond 9015.108
Compensation 9015.109
Manager 9015.151
Acquisition and Use of Water from Corpus Christi 9015.152
Water Facilities 9015.153
Regional Waste Disposal 9015.154
Appropriation Permits 9015.155
Acquisition of Property 9015.156
General Contract Powers 9015.157
Award of Certain Construction Contracts 9015.158
Assignment of Contract Rights 9015.201
Eminent Domain in Jim Wells County 9015.202
Eminent Domain in Nueces County 9015.203
Determination of Interest to Be Acquired 9015.204
Surveys 9015.205
Cost of Relocating or Altering Property 9015.252
Enforcement of Rules 9015.253
Notice of Rule Providing Penalty 9015.254
Judicial Notice of Rules 9015.255
Enforcement by Peace Officers 9015.301
Depository 9015.302
Tax Assessor and Collector 9015.303
Projects Exempt from Assessment or Taxation 9015.351
Authority to Issue Bonds 9015.352
Form of Bonds 9015.353
Maturity 9015.354
Election for Bonds Payable from Ad Valorem Taxes 9015.355
Bonds Payable from Revenue 9015.356
Bonds Payable from Ad Valorem Taxes 9015.357
Tax and Rate Requirements 9015.358
Additional Security 9015.359
Trust Indenture 9015.360
Interim Bonds or Notes 9015.361
Use of Bond Proceeds 9015.362
Appointment of Receiver 9015.363
Refunding Bonds 9015.364
Limitation on Rights of Holders 9015.365
Bonds Exempt from Taxation
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 9015.354’s source at texas​.gov