GENERAL OBLIGATION BOND ELECTION.
Tex. SPEC. DIST. LOCAL LAWS Code § 1078.203.
in effect(a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters.
(b) The board may order a bond election.
(c) The order calling the election must specify:
(1) the nature and date of the election;
(2) the hours during which the polls will be open;
(3) the location of the polling places;
(4) the amount of the bonds to be authorized; and
(5) the maximum maturity of the bonds.
(d) Notice of a bond election shall be given as provided by Section 1251.003 , Government Code.
(e) The board shall declare the results of the election.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619 ), Sec. 1.01, eff. April 1, 2011.