|
SECTION 1. Subtitle K, Title
6, Transportation Code, is amended by adding Chapter 463 to read as
follows:
CHAPTER 463. REGIONAL
TRANSIT AUTHORITIES
SUBCHAPTER A. GENERAL
PROVISIONS
Sec. 463.001.
DEFINITIONS.
Sec. 463.002.
APPLICATION.
Sec. 463.003.
MUNICIPALITIES MAY PROVIDE TRANSPORTATION SERVICES. This chapter does not
prohibit a municipality from providing public transportation services.
SUBCHAPTER B. POWERS OF
AUTHORITIES
Sec. 463.051. POWERS
APPLICABLE TO CONFIRMED AUTHORITY.
Sec. 463.052. NATURE OF
AUTHORITY.
Sec. 463.053.
RESPONSIBILITY FOR CONTROL OF AUTHORITY.
Sec. 463.054. GENERAL
POWERS OF AUTHORITY.
Sec. 463.055. CONTRACTS;
GRANTS AND LOANS.
Sec. 463.056. OPERATION
OF PUBLIC TRANSPORTATION SYSTEM.
Sec. 463.057. ACQUISITION
OF PROPERTY BY AGREEMENT.
Sec. 463.058. USE AND
ACQUISITION OF PROPERTY OF OTHERS.
Sec. 463.059. EMINENT
DOMAIN PROCEEDINGS.
Sec. 463.060. AGREEMENT
WITH UTILITIES; CARRIERS.
Sec. 463.061. FARES AND
OTHER CHARGES. (a) An authority shall impose reasonable and
nondiscriminatory fares, tolls, charges, rents, and other compensation for
the use of the public transportation system sufficient to produce revenue,
together with tax revenue and grants
received by the authority, in an amount adequate to:
(1) pay all expenses
necessary to operate and maintain the public transportation system;
(2) pay when due the
principal of and interest on, and sinking fund and reserve fund payments
agreed to be made with respect to, all bonds that are issued by the
authority and payable wholly or partly from the revenue; and
(3) fulfill the terms of
any other agreement with the holders of bonds described by Subdivision (2)
or with a person acting on behalf of the bondholders.
(b) It is intended by
this chapter that the compensation imposed under Subsection (a) and taxes imposed by the authority not
exceed the amounts necessary to produce revenue sufficient to meet the
obligations of the authority under this chapter.
(c) Compensation for the
use of the public transportation system may be set according to a zone
system or to another classification that the authority determines to be
reasonable.
(d) This section does not limit the state's power to
regulate taxes imposed by an authority or other compensation authorized
under this section. The state agrees with holders of bonds issued
under this chapter, however, not to alter the power given to an authority
under this section to impose taxes,
fares, tolls, charges, rents, and other compensation in amounts sufficient
to comply with Subsection (a), or to impair the rights and remedies of an
authority bondholder, or a person acting on behalf of a bondholder, until
the bonds, interest on the bonds, interest on unpaid installments of
interest, costs and expenses in connection with an action or proceeding by
or on behalf of a bondholder, and other obligations of the authority in
connection with the bonds are discharged.
Sec. 463.062. ENFORCEMENT
OF FARES AND OTHER CHARGES.
Sec. 463.063. FARE
ENFORCEMENT OFFICERS.
Sec. 463.064. ENFORCEMENT
OF HIGH OCCUPANCY VEHICLE LANE USAGE.
Sec. 463.065. INSURANCE.
Sec. 463.066. TAX
EXEMPTION.
Sec. 463.067. LIGHT RAIL
SYSTEM: REGULATORY EXEMPTION.
Sec. 463.068. ELECTIONS.
SUBCHAPTER C. MANAGEMENT
OF AUTHORITY
Sec. 463.101. EXECUTIVE
COMMITTEE: POWERS.
Sec. 463.102.
INVESTMENTS.
Sec. 463.103.
DEPOSITORY; DEPOSIT OF FUNDS.
Sec. 463.104. CHIEF
EXECUTIVE: DUTIES.
Sec. 463.105. RULES.
Sec. 463.106. PURCHASES:
COMPETITIVE BIDDING.
Sec. 463.107. DURATION OF
CONTRACTS. An authority may contract for payment with debt obligations and
for performance and payments to extend longer than one fiscal year if the
contract provides for the discharge of the authority's contractual
obligations by any method, including:
(1) committing current
year funds, future tax revenues, or
cancellation charges; and
(2) making the contract
subject to the future availability of funds.
Sec. 463.108. SECURITY.
Sec. 463.109. BUDGET
RECOMMENDATIONS.
Sec. 463.110. FINANCIAL
AUDITS.
SUBCHAPTER D. STATION OR
TERMINAL COMPLEX SYSTEMS
Sec. 463.151. STATION OR
TERMINAL COMPLEX: SYSTEM PLAN.
Sec. 463.152. STATION OR
TERMINAL COMPLEX: FACILITIES.
Sec. 463.153. APPROVAL OF
MUNICIPALITY.
Sec. 463.154. TRANSFER OF
REAL PROPERTY IN STATION OR TERMINAL COMPLEX.
SUBCHAPTER E. BONDS
Sec. 463.201.
DEFINITION.
Sec. 463.202. POWER TO
ISSUE BONDS. (a) An authority may issue bonds at any time and for any
amounts it considers necessary or appropriate for:
(1) the acquisition,
construction, repair, equipping, improvement, or extension of its public
transportation system; or
(2) creating or funding
self-insurance or retirement or pension fund reserves.
(b) A bond any portion of which is secured by a pledge of sales and
use tax revenues and that has a maturity longer than five years from the
date of issuance may not be issued by an authority until an election has
been held and the proposition proposing the issue has been approved by a
majority of the votes received on the issue in accordance with Section
463.212.
(c) Subsection (b) does not apply to:
(1) refunding bonds; or
(2) bonds described by Subsection (a)(2).
Sec. 463.203. BOND TERMS.
Sec. 463.205. APPROVAL;
REGISTRATION.
Sec. 463.206.
INCONTESTABILITY.
Sec. 463.207. SECURITY
PLEDGED. (a) To secure the payment of an authority's bonds, the authority
may:
(1) pledge all or part of revenue realized from any tax that the
authority may impose;
(2) pledge any part of
the revenue of the public transportation system;
(3) mortgage any part of
the public transportation system, including any part of the system
subsequently acquired;
(4) pledge all or part of
funds the federal government has committed to the authority as grants in
aid; and
(5) provide that a pledge
of revenue described by Subdivision (1) or
(2) is a first lien or charge against that revenue.
(b) Under Subsection
(a)(3) an authority may, subject to the terms of the bond indenture or the
resolution authorizing the issuance of the bonds, encumber a separate item
of the public transportation system and acquire, use, hold, or contract for
the property by lease, chattel mortgage, or other conditional sale
including an equipment trust transaction.
(c) An authority may not
issue bonds secured by ad valorem tax revenue.
(d) An authority is not
prohibited by this subchapter from encumbering one or more public
transportation systems to purchase, construct, extend, or repair one or
more other public transportation systems of the authority.
(e) The authority may
pledge funds described by Subsection (a)(4):
(1) as the sole security
for the bonds; or
(2) in addition to any
other security described by this section.
Sec. 463.208. USE OF
REVENUE.
Sec. 463.209. REFUNDING
BONDS.
Sec. 463.210. BONDS AS
AUTHORIZED INVESTMENTS.
Sec. 463.211. EXCHANGE OF
BONDS FOR EXISTING SYSTEM.
Sec. 463.212. ELECTION TO
PLEDGE TAXES. (a) The executive committee may order an election to
authorize the pledge of sales and use tax revenue to the payment of a
specified amount of long-term bonds for the authority's public transportation
system.
(b) Sales and use tax
revenue at a rate higher than the previously approved rate may not be
pledged.
(c) The notice of
election shall be published, the proposition and ballot prepared, and the
election held in accordance with and at the times permitted by the law
applicable to a municipal bond election. The authority may publish, or
distribute in another manner, additional copies of the election order to
inform the voters fully of its content.
(d) If the proposition is
approved, the authority may issue bonds in an amount not exceeding the
amount approved.
Sec. 463.213. TAX
EXEMPTION.
SUBCHAPTER F. TAXATION
Sec. 463.251. SALES
AND USE TAX. (a) The executive committee may impose for an authority a
sales and use tax at the rate of:
(1) one-quarter
of one percent;
(2) one-half of
one percent;
(3) three-quarters
of one percent; or
(4) one
percent.
(b) The
imposition of an authority's sales and use tax must be approved at an
election under this chapter.
(c) Chapter
322, Tax Code, applies to an authority's sales and use tax.
(d) Except to
the extent that a provision of this chapter applies, Chapter 323, Tax Code,
applies to the tax authorized by this section in the same manner as that
chapter applies to the tax authorized by that chapter.
(e) Sections
323.101(d) and (e) and 323.505, Tax Code, do not apply to the tax
authorized by this section.
(f) Revenue
from the tax authorized by this section must be spent as follows:
(1) 50 percent
on a light rail mass transit system;
(2) 30 percent
on bus transit; and
(3) 20 percent
on the construction and maintenance of roads in the area of the authority.
Sec. 463.252. RATE
INCREASE: SALES AND USE TAX. The executive committee may not increase the
tax rate to a rate higher than the rate approved by the voters at the
confirmation election without first receiving a majority vote in favor of
the increase at an authority-wide election.
Sec. 463.253. INITIAL
SALES TAX: EFFECTIVE DATE. The adoption of or the increase or decrease in
the rate of an authority's sales and use tax takes effect on the first day
of the second calendar quarter beginning after the date that the
comptroller receives a copy of the order required to be sent under Section
463.361.
Sec. 463.254. RATE
DECREASE: SALES AND USE TAX. (a) The executive committee by order may
direct the comptroller to collect the authority's sales and use tax at a
rate that is lower than the rate approved by the voters at the confirmation
election.
(b) The
executive committee must file a certified copy of the order with the
comptroller.
Sec. 463.255. PROPERTY
TAXES. An authority may not impose an ad valorem property tax.
SUBCHAPTER G. EXECUTIVE
COMMITTEE
Sec. 463.301.
COMPOSITION.
Sec. 463.302. OFFICERS. (a) The members of the executive committee shall
elect from among its membership a presiding officer, assistant presiding
officer, and secretary.
(b) The executive
committee may appoint, as necessary, members or nonmembers as assistant
secretaries.
(c) The secretary or
assistant secretary shall:
(1) keep permanent
records of each proceeding and transaction of the authority; and
(2) perform other duties
assigned by the executive committee.
Sec. 463.303. CONFLICTS
OF INTEREST.
Sec. 463.304. MEETINGS.
Sec. 463.305. VOTING
REQUIREMENTS.
SUBCHAPTER H. CREATION OF
AUTHORITIES
Sec. 463.351. CREATION OF
AUTHORITY AUTHORIZED. The commissioners
courts of the counties to which this chapter applies may agree to initiate the process to create a
regional transit authority to provide public transportation services within
the boundaries of the counties.
Sec. 463.352. INITIATING
ORDER OR RESOLUTION: CONTENTS. To initiate the process of creating an
authority, each commissioners court
must adopt a resolution or order containing the designation of each time
and place for holding public hearings on the proposal to create the
authority.
Sec. 463.353. NOTICE OF
HEARING. (a) Notice of the time and place of the public hearings on the
creation of the authority shall be published, beginning at least 30 days
before the date of the hearing, once a week for two consecutive weeks in a
newspaper of general circulation in each county.
(b) The commissioners courts shall give a copy
of the notice to the Texas Transportation Commission and the comptroller.
Sec. 463.354. CONDUCT OF
HEARING. (a) Each commissioners court
creating an authority shall conduct public hearings on the creation.
(b) Any person may appear
at a hearing and offer evidence on:
(1) the creation of the
authority;
(2) the operation of a
public transportation system;
(3) the public utility
and public interest served in the creation of an authority; or
(4) other facts bearing
on the creation of an authority.
(c) A hearing may be
continued until completed.
Sec. 463.355. RESOLUTION
OR ORDER. (a) After hearing the evidence presented at the hearings, but
not earlier than 75 days after the date the process is initiated by the commissioners courts, each commissioners court
may adopt a resolution or order:
(1) designating the name
of the authority; and
(2) authorizing the
appointment of the interim executive committee.
(b) After the hearing,
the results of the hearing shall be sent to the Texas Department of
Transportation and the comptroller.
Sec. 463.356. INTERIM EXECUTIVE
COMMITTEE. (a) The interim executive committee is composed as provided by
Section 463.301 for an executive committee except that the interim
executive committee must include an additional member who is a member of
the board of directors of a commuter rail district described by Chapter
174.
(b) The interim executive
committee, after its organization, shall develop a service plan and determine a proposed tax rate.
(c) Service on the
interim executive committee by a public officer or employee is an
additional duty of the office or employment.
Sec. 463.357. APPROVAL OF
SERVICE PLAN AND TAX RATE. Not later than the 45th day after the date the
interim executive committee approves the service plan and tax rate, the commissioners court of
each county creating an authority must approve, by resolution or order, the
service plan and tax rate.
Sec. 463.358. NOTICE OF
INTENT TO ORDER ELECTION. Not earlier than the 61st day after the date the
interim executive committee approves a service plan and tax rate, the interim executive committee shall notify the
commissioners court of each county included in the boundaries of the
authority of the interim executive committee's intention to call a
confirmation election.
Sec. 463.359.
CONFIRMATION ELECTION. (a) The interim executive committee in ordering
the confirmation election shall submit to the qualified voters of each
county participating in the election
in the authority the following proposition: "Shall the creation of
(name of authority) be confirmed and shall
the levy of the proposed tax, not to exceed (rate), be authorized?"
(b) In addition to other information required by law, the notice of
the election must include a description of the nature and rate of the
proposed tax.
Sec. 463.360. CONDUCT OF ELECTION.
The executive committee shall canvass the returns and declare the results
of the election separately with respect to each county.
Sec. 463.361. RESULTS OF
ELECTION; ORDER.
Sec. 463.362. EFFECT OF
CREATION.
Sec. 463.363. COST OF
ELECTION. The commissioners courts
creating an authority shall pay the cost of the confirmation election.
Sec. 463.364. EXPIRATION
OF UNCONFIRMED AUTHORITY. An authority that has not been confirmed expires
on the third anniversary of the effective date of orders initiating the process to create the authority.
|
SECTION 1. Subtitle K, Title
6, Transportation Code, is amended by adding Chapter 463 to read as
follows:
CHAPTER 463. REGIONAL
TRANSIT AUTHORITIES
SUBCHAPTER A. GENERAL
PROVISIONS
Sec. 463.001. DEFINITIONS.
Substantially the same as
introduced version.
Sec. 463.003.
MUNICIPALITIES MAY PROVIDE TRANSPORTATION SERVICES. This chapter does not
prohibit a municipality from providing public transportation services within its boundaries. An authority may coordinate
the provision of services with the municipality and include the services
provided by the municipality in the authority's service plan.
SUBCHAPTER B. POWERS OF
AUTHORITIES
Sec. 463.051. POWERS
APPLICABLE TO CONFIRMED AUTHORITY.
Sec. 463.052. NATURE OF
AUTHORITY.
Sec. 463.053.
RESPONSIBILITY FOR CONTROL OF AUTHORITY.
Sec. 463.054. GENERAL
POWERS OF AUTHORITY.
Sec. 463.055. CONTRACTS;
GRANTS AND LOANS.
Sec. 463.056. OPERATION
OF PUBLIC TRANSPORTATION SYSTEM.
Sec. 463.057. ACQUISITION
OF PROPERTY BY AGREEMENT.
Sec. 463.058. USE AND
ACQUISITION OF PROPERTY OF OTHERS.
Sec. 463.059. EMINENT
DOMAIN PROCEEDINGS.
Sec. 463.060. AGREEMENT
WITH UTILITIES; CARRIERS.
Sec. 463.061. FARES AND
OTHER CHARGES. (a) An authority shall impose reasonable and
nondiscriminatory fares, tolls, charges, rents, and other compensation for
the use of the public transportation system sufficient to produce revenue,
together with grants received by the authority, in an amount adequate to:
(1) pay all expenses
necessary to operate and maintain the public transportation system;
(2) pay when due the
principal of and interest on, and sinking fund and reserve fund payments
agreed to be made with respect to, all bonds that are issued by the
authority and payable wholly or partly from the revenue; and
(3) fulfill the terms of
any other agreement with the holders of bonds described by Subdivision (2)
or with a person acting on behalf of the bondholders.
(b) It is intended by
this chapter that the compensation imposed under Subsection (a) not exceed
the amounts necessary to produce revenue sufficient to meet the obligations
of the authority under this chapter.
(c) Compensation for the
use of the public transportation system may be set according to a zone
system or to another classification that the authority determines to be
reasonable.
(d) The state agrees with
holders of bonds issued under this chapter not to alter the power given to
an authority under this section to impose fares, tolls, charges, rents, and
other compensation in amounts sufficient to comply with Subsection (a), or
to impair the rights and remedies of an authority bondholder, or a person
acting on behalf of a bondholder, until the bonds, interest on the bonds,
interest on unpaid installments of interest, costs and expenses in
connection with an action or proceeding by or on behalf of a bondholder,
and other obligations of the authority in connection with the bonds are
discharged.
Sec. 463.062. ENFORCEMENT
OF FARES AND OTHER CHARGES.
Sec. 463.063. FARE
ENFORCEMENT OFFICERS.
Sec. 463.064. ENFORCEMENT
OF HIGH OCCUPANCY VEHICLE LANE USAGE.
Sec. 463.065. INSURANCE.
Sec. 463.066. TAX
EXEMPTION.
Sec. 463.067. LIGHT RAIL
SYSTEM: REGULATORY EXEMPTION.
Substantially the same as
introduced version.
SUBCHAPTER C. MANAGEMENT
OF AUTHORITY
Sec. 463.101. EXECUTIVE
COMMITTEE: POWERS.
Sec. 463.102.
INVESTMENTS.
Sec. 463.103.
DEPOSITORY; DEPOSIT OF FUNDS.
Sec. 463.104. CHIEF
EXECUTIVE: DUTIES.
Sec. 463.105. RULES.
Sec. 463.106. PURCHASES:
COMPETITIVE BIDDING.
Sec. 463.107. DURATION OF
CONTRACTS. An authority may contract for payment with debt obligations and
for performance and payments to extend longer than one fiscal year if the
contract provides for the discharge of the authority's contractual
obligations by any method, including:
(1) committing current
year funds or cancellation charges; and
(2) making the contract
subject to the future availability of funds.
Sec. 463.108. SECURITY.
Sec. 463.109. BUDGET
RECOMMENDATIONS.
Sec. 463.110. FINANCIAL
AUDITS.
SUBCHAPTER D. STATION OR
TERMINAL COMPLEX SYSTEMS
Sec. 463.151. STATION OR
TERMINAL COMPLEX: SYSTEM PLAN.
Sec. 463.152. STATION OR
TERMINAL COMPLEX: FACILITIES.
Sec. 463.153. APPROVAL OF
MUNICIPALITY.
Sec. 463.154. TRANSFER OF
REAL PROPERTY IN STATION OR TERMINAL COMPLEX.
SUBCHAPTER E. BONDS
Sec. 463.201.
DEFINITION.
Sec. 463.202. POWER TO
ISSUE BONDS. An authority may issue bonds at any time and for any amounts
it considers necessary or appropriate for:
(1) the acquisition,
construction, repair, equipping, improvement, or extension of its public
transportation system; or
(2) creating or funding
self-insurance or retirement or pension fund reserves.
Sec. 463.203. BOND
TERMS.
Sec. 463.205. APPROVAL;
REGISTRATION.
Sec. 463.206.
INCONTESTABILITY.
Sec. 463.207. SECURITY
PLEDGED. (a) To secure the payment of an authority's bonds, the authority
may:
(1) pledge any part of the
revenue of the public transportation system;
(2) mortgage any part of
the public transportation system, including any part of the system
subsequently acquired;
(3) pledge all or part of
funds the federal government has committed to the authority as grants in
aid; and
(4) provide that a pledge
of revenue described by Subdivision (1) is a first lien or charge against
that revenue.
(b) Under Subsection
(a)(2) an authority may, subject to the terms of the bond indenture or the
resolution authorizing the issuance of the bonds, encumber a separate item
of the public transportation system and acquire, use, hold, or contract for
the property by lease, chattel mortgage, or other conditional sale
including an equipment trust transaction.
(c) An authority may not
issue bonds secured by ad valorem tax revenue.
(d) An authority is not
prohibited by this subchapter from encumbering one or more public
transportation systems to purchase, construct, extend, or repair one or
more other public transportation systems of the authority.
(e) The authority may
pledge funds described by Subsection (a)(3):
(1) as the sole security
for the bonds; or
(2) in addition to any
other security described by this section.
Substantially the same as
introduced version.
Sec. 463.209. REFUNDING
BONDS.
Sec. 463.210. BONDS AS
AUTHORIZED INVESTMENTS.
Sec. 463.211. EXCHANGE OF
BONDS FOR EXISTING SYSTEM.
No
equivalent provision.
Sec. 463.212. TAX
EXEMPTION.
No
equivalent provision.
No
equivalent provision.
No
equivalent provision.
No
equivalent provision.
No
equivalent provision.
No
equivalent provision.
SUBCHAPTER F. EXECUTIVE
COMMITTEE
Sec. 463.251.
COMPOSITION.
Sec. 463.252. OFFICERS. (a) The officers elected by the board of directors
of the regional planning commission described by Section 463.251(a) shall
serve as the officers of the executive committee.
(b) The executive
committee may appoint, as necessary, members or nonmembers as assistant
secretaries.
(c) The secretary or
assistant secretary shall:
(1) keep permanent
records of each proceeding and transaction of the authority; and
(2) perform other duties
assigned by the executive committee.
Sec. 463.253. CONFLICTS
OF INTEREST.
Sec. 463.254. MEETINGS.
Sec. 463.255. VOTING
REQUIREMENTS.
SUBCHAPTER G. CREATION OF
AUTHORITIES
Sec. 463.301. CREATION OF
AUTHORITY AUTHORIZED. The board of directors
of the regional planning commission established for the area included in
the boundaries of the counties to which this chapter applies may
initiate the process to create a regional transit authority to provide
public transportation services within the boundaries of the counties.
Sec. 463.302. INITIATING
ORDER OR RESOLUTION: CONTENTS. To initiate the process of creating an
authority, the board of directors described
by Section 463.301 must adopt a resolution or order containing the
designation of each time and place for holding public hearings on the
proposal to create the authority.
Sec. 463.303. NOTICE OF
HEARING. (a) Notice of the time and place of the public hearings on the
creation of the authority shall be published, beginning at least 30 days
before the date of the hearing, once a week for two consecutive weeks in a
newspaper of general circulation in each county.
(b) The board of directors described by Section 463.301
shall give a copy of the notice to the Texas Transportation Commission and
the comptroller.
Sec. 463.304. CONDUCT OF
HEARING. (a) The board of directors
described by Section 463.301 creating an authority shall conduct
public hearings on the creation.
(b) Any person may appear
at a hearing and offer evidence on:
(1) the creation of the
authority;
(2) the operation of a
public transportation system;
(3) the public utility
and public interest served in the creation of an authority; or
(4) other facts bearing
on the creation of an authority.
(c) A hearing may be
continued until completed.
Sec. 463.305. RESOLUTION
OR ORDER. (a) After hearing the evidence presented at the hearings, but
not earlier than 75 days after the date the process is initiated by the board of directors described by Section 463.301,
the board may adopt a resolution or order:
(1) designating the name
of the authority; and
(2) authorizing the
appointment of the interim executive committee.
(b) After the hearing,
the results of the hearing shall be sent to the Texas Department of
Transportation and the comptroller.
Sec. 463.306. INTERIM
EXECUTIVE COMMITTEE. (a) The interim executive committee is composed as
provided by Section 463.251 for an executive committee except that the
interim executive committee must include an additional member who is a
member of the board of directors of a commuter rail district described by
Chapter 174.
(b) The interim executive
committee, after its organization, shall develop a service plan.
(c) Service on the
interim executive committee by a public officer or employee is an
additional duty of the office or employment.
Sec. 463.307. APPROVAL OF
SERVICE PLAN. Not later than the 45th day after the date the interim
executive committee approves the service plan, the commissioners court of
each county creating an authority must approve, by resolution or order, the
service plan.
Sec. 463.308. NOTICE OF
INTENT TO ORDER ELECTION. Not earlier than the 61st day after the date the
interim executive committee approves a service plan, the interim executive
committee shall notify the commissioners court of each county included in
the boundaries of the authority of the interim executive committee's
intention to call a confirmation election.
Sec. 463.309.
CONFIRMATION ELECTION. The interim executive committee in ordering the
confirmation election shall submit to the qualified voters of each county
in the authority the following proposition: "Shall the creation of
(name of authority) be confirmed?"
Sec. 463.310. CONDUCT OF
ELECTION. The interim executive
committee shall canvass the returns and declare the results of the election
separately with respect to each county.
Sec. 463.311. RESULTS OF
ELECTION; ORDER.
Sec. 463.312. EFFECT OF
CREATION.
Sec. 463.313. COST OF
ELECTION. The board of directors described
by Section 463.301 creating an authority shall pay the cost of the
confirmation election.
Sec. 463.314. EXPIRATION
OF UNCONFIRMED AUTHORITY. An authority that has not been confirmed expires
on the third anniversary of the effective date of a resolution or order initiating the process to create the
authority.
|