81st Texas Legislature, Regular Session, House Bill 2619, Chapter 1139 Page: 206 of 950
950 p.View a full description of this legislative document.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
H.B. No. 2619
1 Sec. 1077.203. BOND ELECTION. (a) The district may issue
2 bonds under Section 1077.201 that are payable from taxes only if the
3 bonds are authorized by a majority of the district voters voting at
4 an election held for that purpose.
5 (b) The board may order the election on its own motion.
6 (c) The order calling the election must specify:
7 (1) the date of the election;
8 (2) the location of the polling places;
9 (3) the presiding election officers;
10 (4) the purpose of the bond issuance;
11 (5) the amount of the bonds to be authorized; and
12 (6) the maximum maturity of the bonds.
13 (d) Notice of a bond election shall be given by publishing a
14 substantial copy of the order calling the election in a newspaper of
15 general circulation in the district once each week for two
16 consecutive weeks before the date of the election. The first
17 publication must occur at least 14 days before the date of the18 election. (Acts 64th Leg., R.S., Ch. 211, Sec. 9 (part) .)
19 Sec. 1077.204. REVENUE BONDS. (a) The board may issue
20 bonds under Section 1077.201 payable from the district's revenue.
21 The board may issue the revenue bonds without an election.
22 (b) The bonds must be payable from all or part of the revenue
23 derived from the operation of the district's hospitals.
24 (c) The bonds may be additionally secured by a mortgage or
25 deed of trust lien on all or part of district property.
26 (d) The bonds must be issued in the manner and in accordance
27 with the procedures and requirements prescribed by Sections206
Upcoming Pages
Here’s what’s next.
Search Inside
This document can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Legislative Document.
Texas. Legislature. House of Representatives. 81st Texas Legislature, Regular Session, House Bill 2619, Chapter 1139, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth148576/m1/206/: accessed April 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.