Sec. 3981.0501. TAX ELECTION REQUIRED. The district must hold an election in the manner provided by Chapter 49, Water Code, or, if applicable, Chapter 375, Local Government Code, to obtain voter approval before the district may impose an ad valorem tax.
Added by Acts 2019, 86th Leg., R.S., Ch. 1266 (H.B. 4693), Sec. 1, eff. June 14, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3981 - Cole Ranch Improvement District No. 1 of Denton County, Texas
Section 3981.0501. Tax Election Required
Section 3981.0502. Operation and Maintenance Tax
Section 3981.0503. Authority to Borrow Money and to Issue Bonds and Other Obligations
Section 3981.0504. Bonds Secured by Revenue or Contract Payments
Section 3981.0505. Bonds Secured by Ad Valorem Taxes; Elections
Section 3981.0506. City Not Required to Pay District Obligations