Section 49.3182 - Conditions for Exclusion of Urban Property Urban property that is located in a district may be excluded from the district as provided by this subchapter only after the following have been paid to the district:
(1) all taxes, assessments, and other charges of the district accrued on the property to be excluded, together with all interest and penalties accrued on those taxes, assessments, and charges;(2) the proportionate part of the outstanding bonded indebtedness or indebtedness in connection with a loan from an agency of the United States for which the property proposed to be excluded is liable, as determined under this subchapter; and(3) agreement on a reasonable determined amount to be paid by the municipality or other supplier of potable water to compensate the district for loss of revenue occasioned by the exclusion.Tex. Water Code § 49.3182
Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1236,Sec. 19.005, eff. 9/1/2015.