If the creation of the district is not confirmed at a confirmation election held before September 1, 2009:

1. (1) the district is dissolved on September 1, 2009, except that:

   1. (A) any debts incurred shall be paid;
   2. (B) any assets that remain after the payment of debts shall be transferred to Duval County; and
   3. (C) the organization of the district shall be maintained until all debts are paid and remaining assets are transferred; and
2. (2) this chapter expires on September 1, 2012.

Added by Acts 2005, 79th Leg., Ch. 450 (S.B. 1847), Sec. 1, eff. June 17, 2005.

Acts 2007, 80th Leg., R.S., Ch. 701 (H.B. 2070), Sec. 1, eff. June 15, 2007.