Sec. 3884.303. TAX OR BOND ELECTION. Before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes of the area defined or property designated under Section 3884.302, the board shall hold an election in the defined area or in the boundaries of the designated property.
Added by Acts 2011, 82nd Leg., R.S., Ch. 763 (H.B. 1651), Sec. 2, eff. September 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3884 - North Oak Cliff Municipal Management District
Section 3884.301. Authority to Establish Defined Areas or Designated Property
Section 3884.302. Procedure to Establish Defined Areas or Designated Property
Section 3884.303. Tax or Bond Election
Section 3884.304. Declaring Result
Section 3884.306. Issuance of Bonds and Imposition of Taxes for Defined Area or Designated Property