Section 3001.211 - Board Order Imposing Assessment(a) After receiving or issuing the findings required by Section 3001.210(c), the board by order: (1) shall: (A) impose the assessment as a special assessment on the property; and(B) specify the method of payment on the assessment; and(2) may:(A) amend a proposed assessment for any parcel;(B) require an assessment to be paid in periodic installments, including interest;(C) require an interest charge or penalty for a failure to make timely payment; or(D) charge an amount to cover a delinquency or collection expense.(b) If the board orders that an assessment may be paid in periodic installments, the installments must: (1) be in amounts sufficient to meet the annual costs of the project or service for which the assessment is imposed; and(2) continue for the number of years required to retire the indebtedness or pay for the project or service for which the assessment is imposed.Tex. Spec. Dist. Loc. Laws § 3001.211
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. 4/1/2005.