Sec. 3877.209. 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. 587 (S.B. 2467), 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 3877 - Waller Town Center Management District
Subchapter E. General Financial Provisions
Section 3877.201. Disbursements and Transfers of Money
Section 3877.202. Money Used for Improvements or Services
Section 3877.203. Petition Required for Financing Services and Improvements With Assessments
Section 3877.204. Method of Notice for Hearing
Section 3877.205. Assessments; Liens for Assessments
Section 3877.206. Utility Property Exempt From Impact Fees and Assessments
Section 3877.207. Residential Property
Section 3877.208. Operation and Maintenance Tax
Section 3877.209. Contract Taxes
Section 3877.210. Authority to Borrow Money and to Issue Bonds
Section 3877.211. Taxes for Bonds
Section 3877.212. Elections Regarding Taxes and Bonds