The process to dissolve a local district may be initiated by:

1. (1) for an inactive local district:

   1. (a)

      1. (i) for a local district whose board of trustees is elected by electors based on the acre-feet of water allotted to the land owned by the elector, a petition signed by the owners of 25% of the acre-feet of water allotted to the land within the local district; or

      2. (ii) for all other districts:

         1. (A) a petition signed by the owners of private real property that:

            1. (I) is located within the local district proposed to be dissolved;
            2. (II) covers at least 25% of the private land area within the local district; and
            3. (III) is equal in assessed value to at least 25% of the assessed value of all private real property within the local district; or
         2. (B) a petition signed by registered voters residing within the local district proposed to be dissolved equal in number to at least 25% of the number of votes cast in the district for the office of governor at the last regular general election before the filing of the petition; or
   2. (b) a resolution adopted by the administrative body; and

2. (2) for an active local district, a petition signed by:

   1. (a) for a local district whose board of trustees is elected by electors based on the acre-feet of water allotted to the land owned by the elector, a petition signed by the owners of 100% of the acre-feet of water allotted to the land within the local district; or
   2. (b) for all other districts, the owners of 100% of the private real property located within or 100% of registered voters residing within the local district proposed to be dissolved.