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Texas Water Code - WATER § 51.411. Election Order

Current as of January 01, 2024 | Updated by Findlaw Staff

(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

(4) the names of the election officers.

(d) The election order shall be entered in the minutes of the board.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 51.411. Election Order - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-51-411/

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