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Senate Bill 1963 |
Senate Author: Nichols |
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Effective: 6-16-07 |
House Sponsor: Creighton |
Senate Bill 1963 amends the Special District Local Laws Code to create the Montgomery County Municipal Utility District No. 113, subject to voter approval at a confirmation election. The bill grants the district the power to undertake certain road projects and to develop and maintain recreational facilities. Ad valorem tax bonds for either of those purposes require voter approval in a district election, and in the case of road projects require approval by a two-thirds majority of participating voters. Bonds or obligations for road projects may not exceed one-fourth of the assessed value of the real property in the district. The bill prohibits the district, for purposes of developing or maintaining a recreational facility, from acquiring land, an easement, or other property by condemnation.