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Texas Special District Local Laws Code - SDLL § 8400.152. Duties of Municipality After Annexation

Current as of January 01, 2024 | Updated by FindLaw Staff

If a municipality in whose extraterritorial jurisdiction the district is located annexes the district for full or limited purposes and the annexation precludes or impairs the ability of the district to issue bonds, the municipality shall:

(1) simultaneously with the annexation, pay in cash to the landowner or developer of the district a sum equal to all actual costs and expenses incurred by the landowner or developer in connection with the district that:

(A) the district has agreed in writing to pay; and

(B) would otherwise have been eligible for reimbursement from bond proceeds under the rules and requirements of the commission as those rules and requirements exist on the date of annexation; and

(2) after the annexation, install all necessary water, wastewater, and drainage facilities to serve full buildout of development within the district. (Acts 74th Leg., R.S., Ch. 791, Sec. 6.13.)

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 8400.152. Duties of Municipality After Annexation - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-8400-152/

Read this complete Texas Special District Local Laws Code - SDLL § 8400.152. Duties of Municipality After Annexation on Westlaw

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