Sec. 1009.203. GENERAL OBLIGATION BOND ELECTION. (a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the voters voting in an election held for that purpose. (b) The board shall call the election. The election must be held in accordance with Chapter 1251 , Government Code. (c) The bond election order must specify: (1) the date of the election; (2) the amount of bonds to be authorized; (3) the maximum maturity of the bonds; (4) the maximum interest rate of the bonds; (5) the location of the polling places; and (6) the presiding election officers.
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