(a) The governing body of the city may dissolve the district by ordinance.
(b) The governing body may not dissolve the district until:
(1) water, sanitary, sewer, and drainage improvements and roads have been constructed to serve at least 90 percent of the developable territory of the district; and
(2) the district has reimbursed each party that has an agreement with the district for all costs advanced to or on behalf of the district.

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