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A BILL TO BE ENTITLED
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AN ACT
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relating to bond elections for the Lynn County Hospital District. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1054.201, Special District Local Laws |
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Code, is amended to read as follows: |
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(a) The board may issue and sell general obligation bonds in |
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the name and on the faith and credit of the district to: |
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(1) purchase, construct, acquire, repair, or renovate |
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buildings or improvements; |
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(2) equip buildings or improvements for hospital |
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purposes; or |
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(3) acquire and operate a mobile emergency medical |
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service. |
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(b) No bonds shall be issued by the hospital district except |
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refunding bonds until authorized by a majority of the qualified |
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property taxpaying electors. The order for the bond election shall |
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specify the date of the election, the amount of bonds to be |
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authorized, the maximum maturity of the bonds, the maximum rate of |
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interest they are to bear, the place or places where the election |
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shall be held, the presiding judge and alternate judge for each |
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voting place and provide for clerks as in the county elections. |
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Notice of any bond election, except one held under the provisions of |
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Section 8, in which instance notice shall be given as provided in |
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Section 3, shall be given as provided in Article 704, Revised Civil |
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Statutes of Texas, 1925, as amended, and shall be conducted in |
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accordance with the general laws of Texas pertaining to general |
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elections, except as modified by the provisions of this Act. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |