- (a) After the engineer's report is filed and approved, the board may order an election in the district to authorize the issuance of bonds.
- (b) In the order, the board shall estimate the total amount of money needed to cover the items listed in Section 58.439 of this code.
(c) The election order shall state:
- (1) the proposed maximum interest rate on the bonds;
- (2) the maximum maturity date of the bonds;
- (3) the time and places for holding the election; and
- (4) the names of the election officers.
- (d) The election order shall be entered in the minutes of the board.
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.