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<br />Sec. 505.160. ELECTION REQUIRED FOR PROJECT; PETITION. (a) A Type B corporation <br />may undertake a project under this chapter unless, not later than the 60th day after the date notice <br />of the specific project or general type of project is first published, the governing body of the <br />authorizing municipality receives a petition from more than 10 percent of the registered voters of <br />the municipality requesting that an election be held before the specific project or general type of <br />project is undertaken. <br /> <br />(b) The governing body of the authorizing municipality is not required to hold an election after <br />the submission of a petition under Subsection (a) if the voters of the municipality have previously <br />approved the undertaking of the specific project or general type of project: <br /> <br />(I) at an election ordered for that purpose by the governing body of the municipality; or <br /> <br />(2) in conjunction with another election required under this chapter. <br /> <br />Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. April 1, 2009. <br /> <br />Staff recommends that the EDC Board hold a Public Hearing at the November meeting of the EDC Board, <br />tentatively scheduled for November 1. <br /> <br />Action Required bv Economic Develooment Corooration: <br /> <br /> <br />1//.?!l> <br /> <br />date <br />