Sec. 9017.060. ELECTIONS REGARDING DEFINED AREA TAXES OR BONDS. (a) The district must hold an election in the defined area in the manner provided by Section 9017.056 to obtain voter approval before the district may impose an ad valorem tax only on the property of the defined area or issue bonds payable from ad valorem taxes only on the property of the defined area.
(b) The district may not issue bonds payable wholly or partly from ad valorem taxes to finance a road project in the defined area unless the issuance is approved by a vote of a two-thirds majority of the voters of the defined area voting at an election held for that purpose.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1261 (S.B. 942), Sec. 1, eff. September 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9017 - Travis County Water Control and Improvement District No. 17
Subchapter B. Lakeway Regional Medical Center Defined Area
Section 9017.051. Creation of Lakeway Regional Medical Center Defined Area
Section 9017.052. Findings of Public Purpose and Benefit
Section 9017.053. Initial Defined Area Territory
Section 9017.054. Exclusion of Territory From Defined Area
Section 9017.055. Administration of Defined Area
Section 9017.056. Elections in Defined Area
Section 9017.057. Authority for Road Projects in Defined Area
Section 9017.058. Road Standards and Requirements in Defined Area
Section 9017.059. Limitation on Use of Eminent Domain
Section 9017.060. Elections Regarding Defined Area Taxes or Bonds
Section 9017.061. Operation and Maintenance Tax
Section 9017.062. Contract Taxes
Section 9017.063. Authority to Issue Bonds and Other Obligations