Sec. 3831.303. DISSOLUTION OF DISTRICT ON AGREEMENT WITH CITY. (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 (H.B. 2019), Sec. 1.03, eff. April 1, 2007.
Structure Texas Statutes
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
Section 3831.301. Dissolution of District
Section 3831.302. Dissolution by Order of City Council
Section 3831.303. Dissolution of District on Agreement With City