Sec. 3876.203. 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 filed under Subsection (a) must be signed by:
(1) the owners of a majority of the assessed value of real property in the district subject to the assessment according to the most recent certified tax appraisal roll for Brazoria County; or
(2) at least 25 persons who own real property in the district that is subject to assessment, if more than 25 persons own real property in the district subject to assessment as determined by the most recent certified tax appraisal roll for Brazoria County.
Added by Acts 2009, 81st Leg., R.S., Ch. 1083 (H.B. 4775), 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 3876 - Alden Lake Management District
Subchapter E. General Financial Provisions
Section 3876.201. Disbursements and Transfers of Money
Section 3876.202. Money Used for Improvements or Services
Section 3876.203. Petition Required for Financing Services and Improvements With Assessments
Section 3876.204. Method of Notice for Hearing
Section 3876.205. Assessments; Liens for Assessments
Section 3876.206. Utility Property Exempt From Impact Fees and Assessments
Section 3876.207. Residential Property
Section 3876.208. Operation and Maintenance Tax
Section 3876.209. Contract Taxes
Section 3876.210. Authority to Borrow Money and to Issue Bonds
Section 3876.211. Taxes for Bonds
Section 3876.212. Elections Regarding Taxes and Bonds
Section 3876.213. City Not Required to Pay District Obligations