Section 3869.201 - Dissolution By Ordinance(a) The city by ordinance may dissolve the district on its own volition or at the request of the board.(b) The city may not dissolve a district until that district's outstanding indebtedness or contractual obligations that are payable from ad valorem taxes have been repaid or discharged.(c) The city may not dissolve a district until the agreement under Section 3869.160 has been executed and the district's performance under the agreement has been fulfilled, including any right or obligation the district has to reimburse a developer or owner for the costs of improvement projects.Tex. Spec. Dist. Loc. Laws § 3869.201
Added by Acts 2009, 81st Leg., R.S., Ch. 888, Sec. 1, eff. 6/19/2009.