Sec. 1477.057. ELECTION. (a) Before construction of a project may begin and before a project may be improved, repaired, or extended under Section 1477.063, the commissioners court by resolution must order an election.
(b) In addition to the requirements provided by Chapter 3, Election Code, the election order must:
(1) describe the proposed project;
(2) state the amount, rate of interest, and maturity dates of bonds to be issued to pay for the proposed project;
(3) state whether a tax will be imposed to redeem the bonds; and
(4) state the amount of any tax to be imposed to redeem the bonds.
(c) If a majority of the voters in the county approve the issuance of bonds under this subchapter, the commissioners court shall issue the bonds as provided by this subchapter.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1477 - Obligations for Other County Purposes
Subchapter B. Bonds for Water Supply for County Purposes
Section 1477.051. Applicability of Subchapter
Section 1477.053. Authority to Acquire Water Supply
Section 1477.054. Limitation on Cost
Section 1477.055. Authority to Issue Bonds and Impose Ad Valorem Taxes
Section 1477.056. Amount of Tax
Section 1477.058. Contents of Order Authorizing Bonds
Section 1477.060. Signatures; Registration by County Treasurer
Section 1477.061. Sale of Bonds
Section 1477.062. Use of Bond Proceeds
Section 1477.063. Additional Bonds
Section 1477.064. Rates and Charges
Section 1477.065. Taxes Pledged to Pay Bonds
Section 1477.066. Bondholder's Right to Mandamus
Section 1477.067. Refunding Bonds
Section 1477.068. Exemption From Assessment or Taxation
Section 1477.069. County Use of Water
Section 1477.070. Sale of Water Not Needed for County Purposes
Section 1477.071. Eminent Domain