Sec. 9075.0061. ELECTIONS REGARDING TAXES AND BONDS. (a) For the benefit of the defined area, the district may issue, without an election, bonds, notes, and other obligations secured by revenue other than ad valorem taxes.
(b) The district must hold an election in the defined area to obtain approval of the voters of the defined area before the district may impose an ad valorem tax or issue bonds payable from ad valorem taxes in the defined area.
(c) An election under this section does not require that an election be held in the part of the district located outside the defined area.
(d) All or any part of any facilities or improvements that may be acquired by a district through the issuance of bonds may be submitted as a single proposition or as several propositions to be voted on at the election.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.05, eff. April 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle I - Water Control and Improvement Districts
Chapter 9075 - Fort Bend County Water Control and Improvement District No. 2
Section 9075.0051. Creation of Defined Area; Designation
Section 9075.0052. Initial Territory
Section 9075.0053. Exclusion of Land
Section 9075.0054. Procedure for Election
Section 9075.0055. Taxes for Services, Improvements, and Facilities
Section 9075.0056. Issuance of Bonds
Section 9075.0057. Powers and Duties
Section 9075.0058. Authority for Road Projects
Section 9075.0059. Road Standards and Requirements
Section 9075.0060. Improvement Projects and Services
Section 9075.0061. Elections Regarding Taxes and Bonds
Section 9075.0062. Operation and Maintenance Tax
Section 9075.0063. Authority to Borrow Money and to Issue Bonds and Other Obligations