Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 4. DEVELOPMENT AND IMPROVEMENT |
Subtitle C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT |
Chapter 3831. TEMPLE HEALTH AND BIOSCIENCE ECONOMIC DEVELOPMENT DISTRICT |
Subchapter G. DISSOLUTION OF DISTRICT |
Sec. 3831.303. DISSOLUTION OF DISTRICT ON AGREEMENT WITH CITY
Latest version.
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(a) The district may be dissolved by agreement between the city council and the board.
(b) On dissolution of the district under this section:
(1) all money and other property of the district are transferred to the City of Temple; and
(2) the City of Temple shall assume the district's responsibilities regarding all district contracts, debts, and obligations.
Added by Acts 2005, 79th Leg., Ch. 729 , Sec. 1.03, eff. April 1, 2007.