Tex. Spec. Dist. Local Laws Code Section 9055.254
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 district election held for that purpose at which a majority of the votes cast favor the bond issuance.

(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 published in the district for two consecutive weeks. The first publication must be not later than the 21st day before the date of the election.
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.

Source: Section 9055.254 — Election for Bonds Payable from Ad Valorem Taxes, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­9055.­htm#9055.­254 (accessed Jun. 5, 2024).

9055.001
Definitions 9055.002
Nature of District 9055.003
Findings of Benefit and Public Purpose 9055.051
District Territory 9055.052
Authority to Annex Territory 9055.053
Petition for Annexation 9055.054
Annexation Hearing 9055.055
Board Findings and Resolution 9055.056
Notice of Annexation Election 9055.057
Election Results 9055.058
Annexation of Certain Municipal Territory 9055.059
Assumption of Debt 9055.060
Restriction on Annexation of Railroad Right-of-way, Transmission Line, or Other Utility Property 9055.101
Board 9055.102
Appointment of Directors 9055.103
Qualifications for Office 9055.104
Vacancy 9055.105
Officers 9055.106
Vote by Board President 9055.107
Director and Treasurer Bonds 9055.151
Construction of Dam 9055.152
Sources of Water 9055.153
Construction or Acquisition of Property 9055.154
Water Appropriation Permits 9055.155
Purchase of Water 9055.156
Eminent Domain 9055.157
Cost of Relocating or Altering Property 9055.158
Construction Contracts 9055.159
Contracts to Supply Water and Operate Facilities 9055.160
Adoption of Rules 9055.161
Applicability and Enforcement of Certain Laws 9055.201
Depository 9055.202
Projects Exempt from Assessment or Taxation 9055.203
Collection of District Taxes 9055.251
Authority to Issue Bonds 9055.252
Form of Bonds 9055.253
Maturity 9055.254
Election for Bonds Payable from Ad Valorem Taxes 9055.255
Bonds Payable from Revenue 9055.256
Bonds Payable from Ad Valorem Taxes 9055.257
Tax and Rate Requirements 9055.258
Additional Security 9055.259
Use of Bond Proceeds 9055.260
Appointment of Receiver 9055.261
Refunding Bonds 9055.262
Bonds Exempt from Taxation
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 9055.254’s source at texas​.gov