Sec. 3861.201. DIVISION OF DISTRICT; REQUIREMENTS. (a) At any time before the district issues indebtedness secured by ad valorem taxes, the district may be divided into two or more new districts.
(b) A new district created by division of the district must be at least 100 acres.
(c) Any new district created by the division of the district may not, at the time the new district is created, contain any land outside the area described by Section 2 of the Act creating this chapter.
(d) The board may consider a proposal to divide the district on:
(1) a petition of a landowner in the district; or
(2) a motion by the board.
(e) The board may not divide the district unless the division is approved by the governing body of the city by resolution. The resolution may set terms for the division under Subsection (f).
(f) If the board decides to divide the district, the board shall, subject to the city's resolution:
(1) set the terms of the division, including names for the new districts and a plan for the payment or performance of any outstanding district obligations; and
(2) prepare a metes and bounds description for each proposed district.
Added by Acts 2007, 80th Leg., R.S., Ch. 531 (S.B. 919), Sec. 1, eff. June 16, 2007.
Section: Previous 3861.154 3861.155 3861.156 3861.157 3861.158 3861.159 3861.160 3861.161 3861.201 3861.202 3861.203 3861.204 3861.205 3861.251 3861.252 NextLast modified: September 28, 2016