Texas Special District Local Laws Code 3869.201 – Dissolution by Ordinance
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(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.
Terms Used In Texas Special District Local Laws Code 3869.201
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(c) The city may not dissolve a district until the agreement under § 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.