BOARD ORDER IMPOSING ASSESSMENT.
Tex. SPEC. DIST. LOCAL LAWS Code § 3001.211.
in effect(a) After receiving or issuing the findings required by Section 3001.210 (c), the board by order:
(1) shall:
(A) impose the assessment as a special assessment on the property; and
(B) specify the method of payment on the assessment; and
(2) may:
(A) amend a proposed assessment for any parcel;
(B) require an assessment to be paid in periodic installments, including interest;
(C) require an interest charge or penalty for a failure to make timely payment; or
(D) charge an amount to cover a delinquency or collection expense.
(b) If the board orders that an assessment may be paid in periodic installments, the installments must:
(1) be in amounts sufficient to meet the annual costs of the project or service for which the assessment is imposed; and
(2) continue for the number of years required to retire the indebtedness or pay for the project or service for which the assessment is imposed.