Tex.
Spec. Dist. Local Laws Code Section 3986.0310
Division of District
(a)
The district may be divided into two or more new districts only if:(1)
the district has no outstanding bonded debt;(2)
the district is not imposing ad valorem taxes; and(3)
not more than four new districts are created by the division.(b)
This chapter applies to any new district created by the division of the district, and a new district has all the powers and duties of the district.(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 enacting this chapter.(d)
The board, on its own motion or on receipt of a petition signed by the owner or owners of a majority of the assessed value of the real property in the district, may adopt an order dividing the district.(e)
An order dividing the district must:(1)
name each new district;(2)
include the metes and bounds description of the territory of each new district;(3)
appoint initial directors for each new district; and(4)
provide for the division of assets and liabilities between or among the new districts.(f)
On or before the 30th day after the date of adoption of an order dividing the district, the district shall file the order with the commission and record the order in the real property records of each county in which the district is located.(g)
Municipal consent to the creation of the district and to the inclusion of land in the district acts as municipal consent to the creation of any new district created by the division of the district and to the inclusion of land in the new district.(h)
A new district created by the division of the district must hold an election as required by Section 3986.0501 (Tax Election Required) to obtain voter approval before the district may impose a maintenance tax or issue bonds payable wholly or partly from ad valorem taxes.
Source:
Section 3986.0310 — Division of District, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3986.htm#3986.0310 (accessed May 4, 2024).
