Sec. 3905.151. PETITION REQUIRED FOR FINANCING SERVICES AND IMPROVEMENTS. (a) The board may not finance a service or an improvement project under this chapter unless a written petition requesting that service or improvement is filed with the board.
(b) The petition must be signed by:
(1) the owners of a majority of the assessed value of real property in the district according to the most recent certified tax appraisal roll for the county; or
(2) at least 25 owners of land in the district, if more than 25 persons own property in the district according to the most recent certified tax appraisal roll for the county.
Added by Acts 2011, 82nd Leg., R.S., Ch. 358 (H.B. 3857), Sec. 1, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3905 - Near Northside Management District
Subchapter D. General Financial Provisions; Assessments
Section 3905.151. Petition Required for Financing Services and Improvements
Section 3905.152. Disbursements and Transfers of Money
Section 3905.153. Utility Property Exempt From Impact Fees and Assessments
Section 3905.154. Municipality Not Required to Pay District Obligations