Sec. 3847.152. BOARD VOTE REQUIRED TO AUTHORIZE TAXES, ASSESSMENTS, IMPACT FEES, OR BONDS. (a) A majority vote of the directors serving is required to authorize the imposition of a tax, assessment, or impact fee.
(b) The written consent of at least two-thirds of all voting directors is required to authorize the issuance of a bond.
Added by Acts 2005, 79th Leg., Ch. 572 (H.B. 1458), Sec. 1, eff. June 17, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3847 - Airline Improvement District
Subchapter D. Financial Provisions
Section 3847.151. Disbursements and Transfers of Money
Section 3847.152. Board Vote Required to Authorize Taxes, Assessments, Impact Fees, or Bonds
Section 3847.153. Maintenance Tax
Section 3847.154. Sales and Use Tax
Section 3847.155. Assessments; Liens for Assessments
Section 3847.156. Property Exempt From Impact Fees and Assessments
Section 3847.157. Elections Regarding Taxes or Bonds
Section 3847.158. Municipality Not Required to Pay District Obligations