Sec. 3930.1515. ELECTION REQUIRED FOR FINANCING SERVICES AND IMPROVEMENTS. The board may not finance a service or an improvement project under this chapter unless the service or improvement is approved by 60 percent of the votes cast in an election held for that purpose. The election must be conducted in the manner provided by Subchapter D, Chapter 49, Water Code, for a bond election.
Added by Acts 2021, 87th Leg., R.S., Ch. 987 (H.B. 4604), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3930 - Barrett Management District
Subchapter D. General Financial Provisions
Section 3930.1515. Election Required for Financing Services and Improvements
Section 3930.152. Disbursements and Transfers of Money
Section 3930.153. No Ad Valorem Tax
Section 3930.154. Assessments; Liens for Assessments
Section 3930.155. No Impact Fees
Section 3930.156. No Authority to Issue Bonds
Section 3930.157. Municipality Not Required to Pay District Obligations