Section 3902.301 - Automatic Dissolution The district dissolves and this chapter expires on September 1, 2018, if:
(1) the district does not have outstanding debt or other obligations; and(2) a developer does not begin, on or before September 1, 2018, to construct a road or other improvement project in the district that is to be financed with district bonds or other obligations in accordance with a capital improvement plan or financial plan approved by the city.Tex. Spec. Dist. Loc. Laws § 3902.301
Added by Acts 2011, 82nd Leg., R.S., Ch. 1195, Sec. 1, eff. 9/1/2011.