Bond Election

Sec. 1074.205. BOND ELECTION. (a) The district may issue bonds, other than refunding bonds, to be wholly or partly secured by an ad valorem tax only if the bonds are authorized by a majority of the district voters at an election that is held in the district. (b) The bond election order must specify: (1) the nature and date of the election; (2) the location of the polling places; (3) the hours during which the polls will be open; (4) the amount of the bonds to be authorized; and (5) the maximum maturity of the bonds. (c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code. Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.