Sec. 3992.0205. INITIAL DIRECTORS. (a) On or after the effective date of the Act enacting this chapter, the owner or owners of a majority of the assessed value of the real property in the district according to the most recent certified tax appraisal rolls for the county may submit a petition to the commission requesting that the commission appoint as initial directors four persons named in the petition. The commission shall appoint as initial directors the persons named in the petition.
(b) The initial directors, including the initial city-appointed director, shall determine by lot which three positions expire June 1, 2024, and which two positions expire June 1, 2022.
(c) This section expires September 1, 2025.
Added by Acts 2021, 87th Leg., R.S., Ch. 988 (H.B. 4605), Sec. 1, eff. June 18, 2021.
Added by Acts 2021, 87th Leg., R.S., Ch. 990 (H.B. 4638), Sec. 3(a), eff. January 1, 2022.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3992 - New Waverly Municipal Management District No. 1
Subchapter B. Board of Directors
Section 3992.0201. Governing Body; Terms
Section 3992.0202. Appointment by Commission