Texas Health and Safety Code 772.452 – Consolidation Planning
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(a) If a majority of the voters voting at the election approve the consolidation, the board of managers of the district shall conduct a planning meeting with the boards of managers of the other districts whose voters have approved the consolidation.
(b) The meeting must be a public meeting. At the meeting, the boards of managers shall devise a consolidation plan to:
(1) combine the debts and assets of the districts;
(2) pay outstanding bonds of the districts and issue refunding bonds as necessary to pay the bonds;
(3) impose a uniform 9-1-1 emergency service fee; and
(4) adjust the membership and qualifications of the board of managers of the consolidated district.
Terms Used In Texas Health and Safety Code 772.452
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Devise: To gift property by will.
(c) If a consolidated district is not created under § 772.453 before the first anniversary of the date of the election held under § 772.451, a consolidated district may not be created until:
(1) the districts make another finding that the consolidation would benefit the participating jurisdictions; and
(2) the consolidation is approved at another election held under § 772.451.