Sec. 3816.151. PETITION REQUIRED FOR FINANCING SERVICES AND IMPROVEMENTS. (a) The board may not finance a service or an improvement project under this chapter unless a written petition requesting that service or improvement is filed with the board.
(b) The petition must be signed by:
(1) the owners of a majority of the assessed value of real property in the district according to the most recent certified tax appraisal roll for Collin County; or
(2) at least 25 owners of land in the district, if more than 25 persons own property in the district according to the most recent certified property tax appraisal roll for Collin County.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3816 - Frisco Square Management District
Subchapter D. Financial Provisions
Section 3816.151. Petition Required for Financing Services and Improvements
Section 3816.152. Disbursements and Transfers of Money
Section 3816.153. Authority to Impose Ad Valorem Taxes, Assessments, and Impact Fees
Section 3816.154. Maintenance Tax
Section 3816.155. Contracts Secured by Ad Valorem Taxes
Section 3816.157. Liens for Assessments
Section 3816.158. Utility Property Exempt From Assessments and Impact Fees
Section 3816.159. Elections Regarding Taxes or Bonds
Section 3816.160. Municipality Not Required to Pay District Obligations