Sec. 3866.156. 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) A petition requesting a project financed by assessment must be signed by 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 the county in which the property is located.
Added by Acts 2009, 81st Leg., R.S., Ch. 172 (H.B. 1300), Sec. 1, eff. May 27, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3866 - Kennedale Towncenter Development District
Subchapter D. Financial Provisions
Section 3866.151. Competitive Bidding
Section 3866.152. Authority to Impose Ad Valorem Taxes, Assessments, and Impact Fees
Section 3866.153. Elections Regarding Taxes or Bonds
Section 3866.154. Maintenance Tax
Section 3866.156. Petition Required for Financing Services and Improvements With Assessments