19-31-43 - Change in district boundaries; termination or dissolution of district.
§ 19-31-43. Change in district boundaries; termination or dissolution of district.
(1) The boundaries of the district may be contracted or expanded in the same manner in which the district was created pursuant to this chapter.
(2) The district may be terminated or dissolved in one of the following ways:
(a) The district may be terminated or dissolved upon the transfer of all the public improvement services of the district to a unit of local government. The district shall be terminated in accordance with a plan of termination which shall be adopted by the board of directors and filed with the clerk of the court.
(b) If, within five (5) years after the effective date of the ordinance creating the district, a landowner has not received a development permit on some part or all of the area covered by the district, then the district will be automatically dissolved and a court of competent jurisdiction shall cause a statement to that effect to be filed in the public records.
(c) If the district has become inactive, the county or municipality that created the district shall be informed and shall take appropriate action.
Sources: Laws, 2002, ch. 499, § 22, eff from and after passage (approved Apr. 1, 2002.)