Sec. 1094.253. 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 the 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; and
(5) 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 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 692 (H.B. 2688), Sec. 11, eff. June 14, 2013.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1094 - Seminole Hospital District of Gaines County, Texas
Section 1094.251. General Obligation Bonds
Section 1094.252. Tax to Pay General Obligation Bonds
Section 1094.253. General Obligation Bond Election
Section 1094.254. Maturity of General Obligation Bonds
Section 1094.255. Execution of General Obligation Bonds
Section 1094.256. Revenue Bonds
Section 1094.257. Refunding Bonds
Section 1094.258. Bonds Exempt From Taxation
Section 1094.259. Additional Means of Securing Repayment of Bonds