Texas Water Code

§ 51.411 — ELECTION ORDER

WA § 51.411Title 4. GENERAL LAW DISTRICTS · Ch. 51. WATER CONTROL AND IMPROVEMENT DISTRICTS · Art. K. ISSUANCE OF BONDS

(a)After the engineer's report is filed and approved, the board may order an election in the district to authorize the issuance of the bonds.

(b)In the order, the board shall estimate the total amount of money needed to cover the items listed in Section 51.409 of this code.

(c)The election order shall state:

(1)the proposed maximum interest rate on the bonds;

(2)the maximum maturity date of the bonds;

(3)the time and places for holding the election; and

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Legislative history

Acts 1971, 62nd Leg., p. 337, ch. 58, Sec. 1, eff. Aug. 30, 1971.