Sec. 8378.004. CONSENT OF MUNICIPALITY REQUIRED. (a) The temporary directors may not hold an election under Section 8378.003 until each municipality has consented by ordinance or resolution to the creation of the district and to the inclusion of land in the district.
(b) If a municipality does not consent to the creation of the district or if the district does not enter into an agreement required by the terms of the municipal ordinance or resolution consenting to the creation of the district under this section before September 1, 2012:
(1) the district is dissolved September 1, 2012, except that:
(A) any debts incurred shall be paid;
(B) any assets that remain after the payment of debts shall be transferred to the municipality or another local governmental entity to be used for a public purpose; and
(C) the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and
(2) this chapter expires September 1, 2012.
Added by Acts 2011, 82nd Leg., R.S., Ch. 988 (H.B. 1759), Sec. 1, eff. September 1, 2011.
Section: Previous 8378.001 8378.002 8378.003 8378.004 8378.005 8378.006 8378.051 8378.052 8378.101 8378.102 8378.103 8378.104 8378.105 8378.106 8378.107 NextLast modified: September 28, 2016