Sec. 1083.203. GENERAL OBLIGATION BOND ELECTION. (a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters voting at 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 location of the polling places; (3) the presiding election officers; (4) the amount of the bonds to be authorized; (5) the maximum maturity of the bonds; and (6) the maximum interest rate of the bonds.
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