Sec. 3856.155. PETITION REQUIRED FOR FINANCING SERVICES AND IMPROVEMENTS WITH ASSESSMENTS. (a) The board may not finance a service or improvement project with assessments under this chapter unless a written petition requesting that service or improvement has been 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 subject to assessment according to the most recent certified tax appraisal roll for Galveston County; or
(2) at least 25 persons who own real property in the district, if more than 25 persons own real property in the district according to the most recent certified tax appraisal roll for Galveston County.
Added by Acts 2007, 80th Leg., R.S., Ch. 1128 (H.B. 4053), Sec. 1, eff. June 15, 2007.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3856 - Galveston Grand Beach Management District
Subchapter D. Financial Provisions
Section 3856.151. Disbursements and Transfers of Money
Section 3856.152. Tax and Bond Elections
Section 3856.153. Ad Valorem Tax
Section 3856.154. Assessments; Liens for Assessments
Section 3856.155. Petition Required for Financing Services and Improvements With Assessments
Section 3856.156. Utility Property Exempt From Impact Fees or Assessments
Section 3856.157. Bonds and Other Obligations
Section 3856.158. Municipality Not Required to Pay District Obligations