Sec. 53.172. ORDERING BOND ELECTION. After the creation of a district and the qualification of the supervisors, the board may order an election in the district to authorize a bond issue. At this election, the board shall submit only a proposition authorizing the issuance of bonds and the levy of a tax to pay the bonds. The ballots shall be printed to allow for voting for or against the proposition: "The issuance of bonds and the levy of taxes to pay the bonds."
Acts 1971, 62nd Leg., p. 414, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1995, 74th Leg., ch. 715, Sec. 15, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 53 - Fresh Water Supply Districts
Subchapter F. Bond and Tax Provisions
Section 53.171. Power to Issue Bonds
Section 53.172. Ordering Bond Election
Section 53.177. Approving Bonds
Section 53.178. Registering Bonds
Section 53.180. Recording of Bond Issues
Section 53.181. Paying Bonds and Interest
Section 53.182. Bonds Payable From Revenues and Ad Valorem Taxes
Section 53.183. Election Required
Section 53.184. Refunding Bonds
Section 53.185. Rates and Charges
Section 53.186. Interest and Sinking Fund
Section 53.187. Investment of Sinking Fund