Sec. 3863.209. CONTRACT TAXES. (a) In accordance with Section 49.108, Water Code, the district may impose a tax other than an operation and maintenance tax and use the revenue derived from the tax to make payments under a contract after the provisions of the contract have been approved by a majority of the district voters voting at an election held for that purpose.
(b) A contract approved by the district voters may contain a provision stating that the contract may be modified or amended by the board without further voter approval.
Added by Acts 2009, 81st Leg., R.S., Ch. 883 (S.B. 2526), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3863 - Travis County Improvement District No. 1
Subchapter E. General Financial Provisions
Section 3863.201. Disbursements and Transfers of Money
Section 3863.202. Money Used for Improvements or Services
Section 3863.203. Petition Required for Financing Services and Improvements With Assessments
Section 3863.204. Method of Notice for Hearing
Section 3863.205. Assessments; Liens for Assessments
Section 3863.206. Utility Property Exempt From Impact Fees and Assessments
Section 3863.207. Residential Property
Section 3863.208. Operation and Maintenance Tax
Section 3863.209. Contract Taxes
Section 3863.210. Authority to Borrow Money and to Issue Bonds
Section 3863.211. Taxes for Bonds
Section 3863.212. Elections Regarding Taxes and Bonds