GENERAL OBLIGATION BOND ELECTION.
Tex. SPEC. DIST. LOCAL LAWS Code § 1009.203.
in effect(a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the voters voting in an election held for that purpose.
(b) The board shall call the election. The election must be held in accordance with Chapter 1251 , Government Code.
(c) The bond election order must specify:
(1) the date of the election;
(2) the amount of bonds to be authorized;
(3) the maximum maturity of the bonds;
(4) the maximum interest rate of the bonds;
(5) the location of the polling places; and
(6) the presiding election officers.
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019 ), Sec. 1.01, eff. April 1, 2007.