Sec. 460.604. HEARING. (a) Before adopting an ordinance designating a public transportation financing area, the municipality must hold a public hearing on the creation of the public transportation financing area and its benefits to the municipality and to property in the proposed public transportation financing area. At the hearing, an interested person may speak for or against the designation of the public transportation financing area.
(b) Not later than the 30th day before the date of the hearing, notice of the hearing must be published in a newspaper having general circulation in the municipality.
Added by Acts 2011, 82nd Leg., R.S., Ch. 921 (S.B. 1422), Sec. 4, eff. September 1, 2011.
Structure Texas Statutes
Subtitle K - Mass Transportation
Chapter 460 - Coordinated County Transportation Authorities
Subchapter I. Participation in Authority Through Tax Increment Payments
Section 460.602. Participation in Service Plan; Agreement With Municipality
Section 460.603. Designation of Public Transportation Financing Area
Section 460.605. Designation of Tax Increment
Section 460.606. Tax Increment Account; Use of Taxes
Section 460.607. Agreement With Comptroller
Section 460.608. Accounting of Maintenance and Operating Expenses
Section 460.609. Capital Recovery Fee
Section 460.610. Use of Surplus Tax Increment Payment Amounts
Section 460.611. Termination of Public Transportation Financing Area