Sec. 3885.203. DIVISION PROCEDURES. (a) The board, on its own motion or on receipt of a petition signed by an owner of real property in the district, may adopt an order proposing to divide the district.
(b) The board may not divide the district unless the division is approved by the governing body of the city by resolution. The resolution may set terms for the division under Subsection (c).
(c) If the board decides to divide the district, the board shall, subject to the city's resolution:
(1) set the terms of the division, including names for the new districts and a plan for the payment or performance of any outstanding district obligations;
(2) prepare a metes and bounds description for each proposed district; and
(3) appoint initial directors for each new district.
Added by Acts 2011, 82nd Leg., R.S., Ch. 706 (H.B. 534), Sec. 2.01, eff. September 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3885 - Mustang Ranch Municipal Management District No. 1
Subchapter D. Division of District Into Multiple Districts
Section 3885.201. Division of District; Prerequisite
Section 3885.202. Law Applicable to New District
Section 3885.203. Division Procedures