Sec. 61.173. ELECTION ON THE PURCHASE OF FACILITIES. (a) No bonds shall be issued or tax levied until the question of purchase of the facilities is submitted to a vote of the people in the district.
(b) In addition to the requirement for submitting bonds to a vote, the notice of election shall include:
(1) a copy of the agreement;
(2) the amount of outstanding bonds;
(3) the amount of bonds sought to be issued by the district; and
(4) the amount of taxes required to be levied.
(c) The election shall be called and held in the same manner as other elections for bonds, and the ballots shall provide for voting for or against the proposition: "The purchase of municipal facilities and the issuance of bonds and levy of a tax to pay for the bonds."
(d) If the election should carry by a two-thirds vote of the electors voting at the election, then the proposition shall be declared carried and the bonds shall be issued and sold, and the necessary taxes levied in accordance with the provisions of this subchapter.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 61 - Article Iii, Section 52, Navigation Districts
Section 61.151. Authority to Operate and Develop Port Facilities
Section 61.153. Hearing: Testimony
Section 61.154. Election Order
Section 61.156. Election Expense
Section 61.157. Declaration of Results
Section 61.158. Appointment of Commissioners
Section 61.159. Term of Office: Removal: Succession
Section 61.160. Qualifications; Compensation; Authority
Section 61.161. Eminent Domain
Section 61.162. Lease and Rental of Facilities
Section 61.163. Unimproved Land
Section 61.165. Franchise Election
Section 61.167. Election Result
Section 61.168. Petition Protesting Franchise
Section 61.170. Authority to Incur Debt
Section 61.172. Financing Purchases
Section 61.173. Election on the Purchase of Facilities
Section 61.174. Employees; County Auditor, Duties and Compensation