Texas Special District Local Laws Code 1109.203 – General Obligation Bond Election
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(a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters voting at an election held in accordance with the provisions of Chapter 1251, Government Code, relating to county bonds.
(b) The commissioners court:
(1) may call the election on its own motion; or
(2) shall call the election at the request of the board.
Terms Used In Texas Special District Local Laws Code 1109.203
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(c) The cost of the bond election is a charge on the district, and the district must provide for the payment of the bond election costs before the commissioners court is required to order an election.