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Amend CSSB 1860 in SECTION 1 of the bill by adding the
following appropriately numbered section to Subchapter E of added
Chapter 3842, Special District Local Laws Code:
Sec. _____. DISSOLUTION; CONTINUATION BY RESOLUTION. (a)
Unless continued in existence by the adoption of a resolution by the
governing body of the municipality where the district is located,
the district is dissolved September 1, 2011.
(b) If the district is dissolved under this section, the
district shall remain in existence until all debts are paid and the
remaining assets are transferred to the municipality where the
district is located. The dissolution is effective when all assets
have been transferred and all debts have been discharged.
(c) The governing body of the municipality where the
district is located may adopt a resolution continuing the district
only if the governing body finds that:
(1) the district continues to serve a public use and
benefit; and
(2) land and other property included in the district
will continue to benefit from the improvements and services
provided by the district.
(d) The governing body of the municipality shall specify in
the resolution continuing the district a date on which the district
will be dissolved. The governing body may not specify a date that
occurs later than the sixth anniversary of the date of the
resolution. The district is dissolved on the date specified in the
resolution unless the governing body adopts a subsequent resolution
extending the existence of the district under the procedures
described by this section.
(e) Not later than the 30th day after the date a resolution
is adopted under this section, the governing body of the
municipality shall file a copy of the resolution continuing the
district with the Texas Commission on Environmental Quality.