Section 8064.0501 - Petition Required for Financing Recreational Facility or Improvement By Assessment(a) The district may finance a recreational facility or improvement with assessments on residential or commercial property or both residential and commercial property under this subchapter, but only if: (1) a written petition requesting that facility or improvement has been filed with the board; and(2) the district holds a hearing on the proposed assessments.(b) The petition must be signed by the owners of a majority of the assessed value of real property in the district subject to assessment according to the most recent certified tax appraisal roll for the county.Tex. Spec. Dist. Loc. Laws § 8064.0501
Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 471,Sec. 1, eff. 6/7/2019.