Sec. 8064.0501. PETITION REQUIRED FOR FINANCING RECREATIONAL FACILITY OR IMPROVEMENT BY ASSESSMENT. (a) The district may finance a recreational facility or improvement with assessments on residential or commercial property or both residential and commercial property under this subchapter, but only if:
(1) a written petition requesting that facility or improvement has been filed with the board; and
(2) the district holds a hearing on the proposed assessments.
(b) The petition must be signed by the owners of a majority of the assessed value of real property in the district subject to assessment according to the most recent certified tax appraisal roll for the county.
Added by Acts 2019, 86th Leg., R.S., Ch. 471 (H.B. 4669), Sec. 1, eff. June 7, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8064 - Northeast Burnet County Water District No. 1
Subchapter E. Assessments; Applicability of Impact Fees and Assessments
Section 8064.0502. Method of Notice for Hearing
Section 8064.0503. Assessments; Liens for Assessments
Section 8064.0504. Utility Property Exempt From Impact Fees and Assessments