Sec. 8150.203. CONTRACT TAXES. (a) In accordance with Section 49.108, Water Code, the district may impose a tax other than an operation and maintenance tax and use the revenue derived from the tax to make payments under a contract after the provisions of the contract have been approved by a majority of the district voters voting at an election held for that purpose.
(b) A contract approved by the district voters may contain a provision stating that the contract may be modified or amended by the board without further voter approval.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1265 (S.B. 1880), Sec. 12, eff. June 17, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8150 - Imperial Redevelopment District
Subchapter E. General Financial Provisions
Section 8150.201. Elections Regarding Taxes or Bonds
Section 8150.202. Operation and Maintenance Tax
Section 8150.203. Contract Taxes
Section 8150.204. Money Used for Improvements or Services
Section 8150.205. Petition Required for Financing Services and Improvements With Assessments
Section 8150.206. Method of Notice for Hearing